Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

Arizona's Energy Modernization Plan would set a goal 3,000 MW of energy storage by 2030, the most ambitious in the nation. The plan seeks to address peak demand challenges and provide system backup and stability through large-scale storage. Declining costs combined with a growing recognition of the multiple benefits of storage have led more states to consider storage in their energy planning and regulation. Moving forward, the future of storage will depend on creating rates and markets that capture the full value of storage and improving grid connection practices.