ENERGY STORAGE

Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

EnerKnol’s Visual Primer – Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

Arizona's Energy Modernization Plan would set a goal 3,000 MW of energy storage by 2030, the most ambitious in the nation. The plan seeks to address peak demand challenges and provide system backup and stability through large-scale storage. Declining costs combined with a growing recognition of the multiple benefits of storage have led more states to consider storage in their energy planning and regulation. Moving forward, the future of storage will depend on creating rates and markets that capture the full value of storage and improving grid connection practices.

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

The New York Independent System Operator has unveiled a proposal for full participation of energy storage in the state's wholesale electricity markets by 2023. The grid operator envisions storage as a vital tool for managing the growing penetration of intermittent and distributed energy resources (DERs). Recently, several other states have turned to storage as a way of solving the intermittency of DERs, delivering more dynamic energy services, and addressing peak demand challenges.

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

EnerKnol’s Visual Primer – New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

The New York Independent System Operator has unveiled a proposal for full participation of energy storage in the state's wholesale electricity markets by 2023. The grid operator envisions storage as a vital tool for managing the growing penetration of intermittent and distributed energy resources (DERs). Recently, several other states have turned to storage as a way of solving the intermittency of DERs, delivering more dynamic energy services, and addressing peak demand challenges.

Massachusetts Among First to Consider Net Metering for Energy Storage amid Calls by Tesla

Massachusetts Among First to Consider Net Metering for Energy Storage amid Calls by Tesla

The Massachusetts Department of Public Utilities has initiated a proceeding to investigate the eligibility of energy storage systems to net meter. Stakeholder comments in prior proceedings prompted the investigation, which comes at a time of boom for the storage industry which reflects in the policy realm. Multiple states have passed policies supporting storage, such as mandates, tax incentives, streamlined permitting processes, and research and development programs. While the spread of renewables will be one major driver for the growth of storage, grid resiliency efforts, especially in the wake of weather disasters, will provide another avenue for growth in the industry.

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Massachusetts Among First to Consider Net Metering for Energy Storage amid Calls by Tesla

EnerKnol’s Visual Primer – Massachusetts Among First to Consider Net Metering for Energy Storage amid Calls by Tesla

The Massachusetts Department of Public Utilities has initiated a proceeding to investigate the eligibility of energy storage systems to net meter. Stakeholder comments in prior proceedings prompted the investigation, which comes at a time of boom for the storage industry which reflects in the policy realm. Multiple states have passed policies supporting storage, such as mandates, tax incentives, streamlined permitting processes, and research and development programs. While the spread of renewables will be one major driver for the growth of storage, grid resiliency efforts, especially in the wake of weather disasters, will provide another avenue for growth in the industry.

New York Storage Bill

New York to Set Energy Storage Targets by Next Year

The New York state legislature has passed legislation to establish storage procurement targets through 2030. New York joins a growing list of states discussing energy storage targets and incentives driven by the prolific growth of distributed generation. The legislation will support the state’s push towards its 50 percent renewables goal which provides opportunities for a diverse range of storage technologies.

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New York to Set Energy Storage Targets by Next Year

EnerKnol’s Visual Primer – New York to Set Energy Storage Targets by Next Year

The New York state legislature has passed legislation to establish storage procurement targets through 2030. New York joins a growing list of states discussing energy storage targets and incentives driven by the prolific growth of distributed generation. The legislation will support the state's push towards its 50 percent renewables goal which provides opportunities for a diverse range of storage technologies.

2017 State Legislative Action Calls for Greater Energy Diversity

Legislation enacted across states in 2017 calls for greater diversity in power sources—from expanding renewables to supporting nuclear and natural gas infrastructure. However, there is a clear trend showing the intent to prioritize clean energy and climate policy. States in the forefront of grid modernization plans continue to support renewable development while others are following their models as a way to emulate effective policies.

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State Legislation Update: 6/2017

EnerKnol’s Visual Primer – State Legislation Update: 6/2017

Legislation enacted across states in 2017 calls for greater diversity in power sources—from expanding renewables to supporting nuclear and natural gas infrastructure. However, there is a clear trend showing the intent to prioritize clean energy and climate policy. States in the forefront of grid modernization plans continue to support renewable development while others are following their models as a way to emulate effective policies.

Maryland Energy Storage Credits Create Model for States with Nascent Storage Markets

Maryland legislature has passed a bill (SB 758) establishing the nation’s first tax credits for energy storage systems. The legislation is well timed to support Maryland’s new renewable portfolio standard goals, reflecting the growing role of energy storage technologies in supporting the growth of renewables. Maryland could serve as a model for states exploring ways to bolster their nascent storage markets, as tax credits present a simpler alternative to mandates and incentives.

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Maryland Energy Storage Credits Create Model for States with Nascent Storage Markets

EnerKnol’s Visual Primer – Maryland Energy Storage Credits Create Model for States with Nascent Storage Markets

Maryland legislature has passed a bill (SB 758) establishing the nation’s first tax credits for energy storage systems. The legislation is well timed to support Maryland’s new renewable portfolio standard goals, reflecting the growing role of energy storage technologies in supporting the growth of renewables. Maryland could serve as a model for states exploring ways to bolster their nascent storage markets, as tax credits present a simpler alternative to mandates and incentives.

FERC Proposes Reforms to Enhance Electricity Storage and DER Participation in Wholesale Markets

The Federal Energy Regulatory Commission has proposed reforms to remove barriers to the participation of electric storage resources and distributed energy resource (DER) aggregations in wholesale electricity markets. The reforms would provide storage and DER with structured access to bigger markets facilitating a paradigm shift in the way electricity markets function.

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