CHICAGO, IL – Without rapid investments in clean energy storage, Illinois consumers will pay up to $30 more per month for energy, and the state will face energy shortfalls and a higher risk of blackouts, according to a newly released study.
The study, “Cost and Benefit Analysis of Energy Storage Resource Deployment in Illinois,” found that deploying at least 8,500 MW of clean energy storage would provide $3 billion in consumer cost savings, save $7.3 billion in blackout-related costs through increased grid reliability, and generate up to $16.3 billion in economic activity in Illinois by 2050.