Should energy storage be included in power plant decommissioning plans?
This report discusses how a strategic integration of energy storage in power plant decommissioning plans can mitigate these negative effects while providing energy system, environmental, and societal co-benefits (Table S.1). Table S.1. Energy Storage Benefit Attributes
What role does storage play in power plant decommissioning?
In all three power plant decommissioning strategies, storage plays the dual role of enabling the reduction of non-RE sources from the grid, while enabling increased RE integration into the electric grid (Table 4).
Should energy storage be integrated with fossil-fuel plant decommissioning strategies?
Integrating energy storage with fossil-fuel plant decommissioning strategies offers benefits for wide range of stakeholders in the energy system (Saha ). For federal, state, and local governments, replacing fossil-fuel power plants with storage capacity could support their decarbonization and energy transition goals.
How do regulated utilities recover costs associated with decommissioning power plants?
In cost-of-service regions, regulated utilities typically recover the costs associated with decommissioning power plants through rates, subject to approval from regulators.
What is power plant demolition risk management?
The objective is to help stakeholders such as owners, contractors, local authorities and engineers assess how their role helps with overall risk management of predictable hazards when preparing for and implementing power plant demolition.
Who pays for decommissioning power plants?
Paying for Decommissioning in Regulated and Deregulated Regions The costs of decommissioning power plants are typically borne by one of two stakeholders: electricity consumers or generating companies (and their shareholders). In the unlikely case that plant owners go bankrupt, costs would ultimately fall to local, state, or federal taxpayers.
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