Duke Energy Beckjord Storage LLC, a subsidiary of Duke Energy (NYSE: DUK), filed with the Federal Energy Regulatory Commission on Oct. 31 a market-based rate tariff related to its energy storage project in Ohio.
The tariff will authorize Duke Beckjord to sell energy, capacity, and ancillary services at market-based rates. Duke Beckjord is an indirect wholly-owned subsidiary of Duke Energy and currently a direct wholly-owned subsidiary of Duke Energy Transmission Holding Co. LLC. By mid-December 2014, when Duke Beckjord expects to begin testing, Duke Beckjord will be a subsidiary of a holding company formed to hold battery projects.
Duke Beckjord has been formed to engage in the development and construction of an energy storage (i.e., battery) device with a capacity of approximately 2 MW (nameplate), and associated facilities and equipment, that is located in Clermont County, Ohio. The facility is located at the Duke Energy Ohio Beckjord Substation within the PJM Interconnection network, and will include the radial 138 kV interconnection facilities necessary to interconnect with and deliver energy to the grid.
When fully operational, the facility will provide market-based regulation and frequency response service to the PJM market. Duke Beckjord said it expects to begin testing the facility in mid-December of this year, and estimates that the facility will become available for commercial operation on or around Dec. 31, 2014.