In response to state legislation passed last year, Energy and Environmental Economics (E3, a Willdan Company) recently completed a Minnesota energy storage cost-benefit analysis following a competitive search by the study’s sponsor, the Minnesota Department of Commerce.
E3’s analysis, which considered a wide range of storage systems that could be deployed in Minnesota over the next five to 10 years, found that solar plus storage is cost-effective today, and that stand-alone storage may become cost-effective in 2025.