The Energy Commission's financial support will allow the university to replace and upgrade the existing system with new batteries and up-to-date design and engineering specifications that will result in improved safety for the next 10-20 years of operation. However, the upfront costs of battery storage can be significant. That's why businesses should take advantage of federal and. . In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration systems. 15 million in funds from the Distributed Electricity Backup Assets (DEBA) Program to replace a decade-old battery with a new system rated at 10 MW/40 MWh, large enough to power 7,500 homes for four hours.
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