Briefing on Asheville BESS

Asheville BESS, a 17 MWH battery storage plant under construction by Duke Energy Progress, represents a key investment in grid modernization but faces inherent natural catastrophe risks.

Overview

• Project Name: Asheville BESS

• Technology: Batteries

• Status: Under construction

• Parent Company: Duke Energy

• EIA Operator: Duke Energy Progress - (NC)

• Ownership: Duke Energy Progress - (NC)

Fleet Details

• Capacity: 17 MWH

• Generators: 1

Financial Profile

• Capital Expenditure: $1361/kW (Source: eia_agg_cost)

Risk Factors and Constraints

• Natural Catastrophe Risk: R12_NATCAT_FM (Financial modeling for natural catastrophes)

• Operational Constraint: Experienced an ice storm warning and power outages affecting tens of thousands of customers in the Upstate region, as reported by Duke Energy and Blue Ridge Electric.

Asheville BESS represents a new battery storage asset for Duke Energy Progress, currently under construction. Its financial profile indicates a significant capital investment, and like other regional assets, it faces potential operational challenges from natural catastrophes such as ice storms.