Deploying more renewables now through an energy storage-centric Clean Peak Standard
The following is a contributed article on Utility Dive by Ronald DiFelice, managing partner at Energy Intelligence Partners.
View the article on the Utility Drive website.
In many electric utility markets, policymakers are exploring the next generation of renewable energy policies that will deliver the most value given the new reality of low-cost solar PV, wind and energy storage. Policies that encourage energy storage to be paired with solar or wind generation can have an outsized impact because these grid assets can together deliver firm capacity into peak periods when customer costs are the highest. If implemented effectively, the results are lower costs for ratepayers, increased resiliency and reduced emissions.