April 2019, Clean Energy Group
AEC-2019-03-WP-01
On behalf of the Clean Energy Group, Researcher Bryndis Woods and Clinic Director and Senior Economist Liz Stanton, PhD, prepared an Applied Economics Clinic white paper that presents the results of a preliminary assessment of seven non-energy benefits of battery storage. Currently, non-energy benefits of storage are not included in cost-benefit calculations for storage in Massachusetts—which has the same effect as assuming they have no value. We provide preliminary estimates of the value of seven non-energy benefits as a starting point for a discussion of how best to fully measure the advantages to Massachusetts of battery storage: avoided power outages, higher property values, avoided fines, avoided collections and terminations, avoided safety-related emergency calls, job creation, and less land used for power plants.
Analysis
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Modeling
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