Regulators and lawmakers across the U.S. are increasingly exploring the possibilities of deploying virtual power plants (VPPs) as a cost-effective means to provide grid services. VPPs have garnered attention as fossil fuel-fired power plants retire and renewable energy resources continue to grow amid increasing electricity demand.
The U.S. electric grid is undergoing a significant transformation, with renewable energy sources accounting for an increasing share of the nation's electricity supply. To support this transition, the U.S. Department of Energy (DOE) and various state regulatory commissions have recently announced a series of initiatives aimed at streamlining the deployment of clean energy technologies and improving grid reliability and resilience. Renewable generation accounted for as much as 21 percent of the U.S. electricity supply in 2023, according to the U.S. Energy Information Administration.
States across the U.S. are increasingly embracing energy storage solutions to complement their clean energy initiatives. The growing share of renewables continues to drive the… Read the full report …...
States across the U.S. are increasingly embracing energy storage solutions to complement their clean energy initiatives. The growing share of renewables continues to drive the expansion of battery storage technologies, which can help integrate intermittent resources into the grid. U.S. battery storage capacity is projected to double this year, with planned additions of 14.3 gigawatts (GW), according to the U.S. Energy Information Administration.
The Pennsylvania Public Utilities Commission on April 4 voted to adopt a policy statement establishing guidelines for the use of electricity storage by distribution companies. The policy paves the way for future use of non-wires solutions that improve reliability and resilience of the grid. Electric distribution companies can now use storage technologies or batteries instead…...
The U.S. Environmental Protection Agency on April 4 announced the recipients of $20 billion in grant awards under two programs within the $27 billion Greenhouse Gas Reduction Fund, or GGRF, established by the 2022 Inflation Reduction Act. These grants will facilitate the establishment of a national financing network for clean energy and climate solutions across…...
