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  1. Market Data
September 1, 2021

Asheville Plant – BESS, US

By Carmen

The Asheville Plant – BESS is a 5,000kW energy storage project located in Arden, North Carolina, US.

The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2016.

Description

The Asheville Plant – BESS is owned by Duke Energy (100%).

The key applications of the project are demand response and on-site power.

Contractors involved

Duke Energy is the owner of Asheville Plant – BESS.

Additional information

Duke Energy Progress today received approval from the North Carolina Utilities Commission (NCUC) to transition to a smarter, cleaner energy future at the Asheville Plant. The project is estimated to cost approximately $1 billion. Under the agreement, the company plans to construct two 280-megawatt combined cycle natural gas-fueled electric generating units to replace its existing 376-megawatt coal plant, which will be retired by 2020.
Construction of the natural gas-fired combined-cycle power plants is scheduled to begin in 2016 and be in service by late 2019. The new plant will have significantly lower environmental impacts than the existing coal plant. The company also plans to seek approval to install a minimum of 5 megawatts of utility-scale electricity storage over the next seven years. Company officials will continue to evaluate other investments in renewables and other technologies to cost-effectively meet the needs of its customers.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

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