May 22 (Renewables Now) - Duke Energy (NYSE:DUK) has received permission to install a microgrid, featuring a 4-MW lithium-based battery and 2 MW of solar panels, in North Carolina.
To be located in the town of Hot Springs, the facility will be used as a power generation source and will also provide frequency and voltage regulation services, as well as ramping support and capacity during peak periods. Approval for the project was awarded by the North Carolina Utilities Commission (NCUC), Duke Energy said on Tuesday.
The mircogrid installation is part of the utility’s plan to meet power demand by supplying “safe, reliable and affordable energy,” while balancing environmental impacts. Another project in line with that initiative is a 9-MW lithium-ion battery system that will go live in the city of Asheville. Duke Energy will invest around USD 30 million (EUR 26.9m) in the two schemes, both of which will be put on stream at the start of next year.
"Projects like this will lead to a smarter energy future for the Carolinas," said Zak Kuznar, Duke Energy's managing director of Microgrid and Energy Storage Development.
(USD 1.0 = EUR 0.896)