Lightshift Energy looks to distributed energy storage to address PJM’s data centre issue
AI-summarised brief · reviewed before publication
Lightshift Energy, a US storage and solar developer-operator, has announced a five-project, distribution-scale battery storage portfolio across Virginia, US. The portfolio aims to address PJM's transmission cost crisis without waiting for interconnection approvals. The projects will serve three rural utilities, reducing their transmission and distribution costs, which have been increasing year-over-year. Lightshift's distributed storage approach is seen as a fundamental shift in addressing PJM's transmission cost crisis.
💡 Why It Matters
- · The PJM transmission cost crisis has created an urgent demand for alternatives, particularly for rural, lower-income communities already struggling with affordability.
- · If left unchecked, the escalating charges could lead to an additional $5,200 in electricity costs for the average Virginia resident over the next ten years.