What can Royal Gorge do for your County?
Royal Gorge Energy Storage is for Everyone
Local, Reliable, Energy
- Batteries keep the lights on by providing backup power when it’s needed the most. In doing so, they can act as a clean substitute to fossil fuel ‘peaker’ plants.
- As designed, the Project can store enough electricity to power up to 40,000 southeast Colorado homes and businesses for up to 4 hours
- Battery storage systems are built-to-last in all-weather, purpose-built outdoor enclosures and have a useful life of 20+ years.
New Tax Base and Local Jobs
- Expected to generate over $10 million in property and sales tax over the useful life of the Project
- Dozens of new construction jobs created over the 8-12 month construction period
- Opportunities for full-time employment for operations and maintenace
- Induced local economic activity
Affordable Energy for All
- Batteries lessen the total energy needed by a utility by acting as a backup source of power
- They also increase the efficiency of the electrical grid and lower transmission congestion, particularly in geographically constrained areas. This cuts operational costs for the area utility
- By smoothing variability in renewable energy production, batteries also allow utilities to leverage lower cost renewable energy
Supports Clean Energy
- Batteries help maximize the value of renewables by smoothing variable generation and storing it for when it’s most needed.
- Batteries can charge and discharge in a fraction of a second, instantaneously balancing electricity supply and demand.
- This helps Colorado achieve its mandated goal of 90% zero carbon energy generation by 2050 and Black Hills Electric’s goal of 80% carbon reduction by 2030.
- Batteries lower transmission congestion and improve the efficiency of the electrical grid, particularly in geographically constrained regions.