Week Ahead: CA Discusses Grid Support Initiative, NJ’s EV Charging Incentives, Xcel’s Community Solar Program
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The market for electric vehicles (EV) continues to evolve as do efforts to address future charging needs. Recent actions range from the U.S. Environmental Protection Agency’s (EPA) proposals for tougher vehicle emissions standards to new national standards for federally-funded EV chargers, and the first round of funding under a $2.5 billion program to support charging and alternative fueling infrastructure.
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The electricity system is in a state of transition amid the increase in fossil-fueled generation retirements and the penetration of intermittent renewable resources. Grid operators and regulators across the U.S. are exploring tools and strategies to adapt resource adequacy planning to the changing generation mix.
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Energy storage plays a key role in managing the pace of the transformation of the electric system. The versatility of the resource has allowed for multiple grid roles, including supporting transmission reliability.
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