Amid commitments to procure more than 29 gigawatts (GW) of offshore wind capacity by 2035, U.S. states are exploring measures for transmission planning, interconnection reforms, supply chain development, and components production.
The pressing trend towards revisiting retail rate net metering for rooftop solar continues, in a bid to ensure proper compensation for solar customers and avoid cost shifting to non-solar customers. Net energy metering, which credits customer generators for grid-exported power, has been a key component of the policy framework to spur investment in customer-sited renewable energy facilities, including solar and energy storage systems.
With the growing adoption of electric vehicles (EVs), the need for flexible storage resources in the electric grid has drawn increased attention to how well the vehicles can integrate into the grid as temporary batteries. While California is making strides in furthering the utilization of EVs as a grid resource, a handful of states are contemplating the technology in connection with electrification of fleets, and medium- and heavy-duty vehicles.
The growing demand for renewable energy to meet state and utility goals is driving the rapid expansion in the U.S. wind power market. The sector emerged as the top provider of new power generation capacity in 2019, adding about 9.1 gigawatts of large-scale projects.
