Last year reinforced the need for resilient distributed energy resources following the power outages of 2017’s devastating hurricane season. The U. S. Senate took action to create incentives for more energy storage deployments and introduced four bills that could advance energy storage, including a separate one to secure a tax credit for energy storage installations.
Many states introduced their own energy storage friendly policies by setting their own installment goals and established renewable energy project incentives. The California state legislature passed SB 338, requiring load-serving entities to consider energy storage in integrated resource plans.
In Oregon, Portland General Electric announced goals to install $50 to $100 million worth of energy storage totaling an estimated 39 megawatts. In Florida, Duke Energy filed a settlement agreement including plans to launch a pilot program installing up to 50 megawatts of energy storage in addition to EV infrastructure. To further financially advance energy storage, the California Public Utilities Commission (CPUC) approved the SGIP Equity Budget to dedicate program funds for projects in low-income communities. These and many more states are setting the tone for other states to advance their policies and implement renewable technology.
The Outlook for Energy Storage in California
Tuesday, July 10, 12:45pm – 2:15pm
Proposed DOE Grid Resilience Pricing Rule (NOPR) Implications for Solar-Storage+O14
Tuesday, July 10, 4:45pm – 6:00pm