About Policy support for solar energy storage across seasons
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6 FAQs about [Policy support for solar energy storage across seasons]
Does state energy storage policy matter?
While decisions carried out by federal regulators and regional market operators have an impact on state energy storage policy, state policymakers—and state legislators in particular—are instrumental in enacting policies that remove barriers to adoption and encourage investment in storage technologies.
What are the different types of energy storage policy?
Approximately 16 states have adopted some form of energy storage policy, which broadly fall into the following categories: procurement targets, regulatory adaption, demonstration programs, financial incentives, and consumer protections. Below we give an overview of each of these energy storage policy categories.
How can States accelerate energy storage adoption?
Legislatures have taken varied approaches to accelerate adoption of energy storage, with some states enacting energy storage procurement targets and others focusing on creating programs that promote and fund developing technology.
What is a storage policy?
All of the states with a storage policy in place have a renewable portfolio standard or a nonbinding renewable energy goal. Regulatory changes can broaden competitive access to storage such as by updating resource planning requirements or permitting storage through rate proceedings.
Does a state offer financing for energy storage?
Some states have accomplished this by updating existing or creating new residential or commercial Property Assessed Clean Energy (PACE) programs (which offer residential or commercial building owners low-cost financing for renewable energy and energy efficiency improvements) to also include financing for energy storage.
What are States doing about energy storage?
States are also developing expert task forces and committees to evaluate storage technologies and opportunities for growth. Maine, for example, enacted HB 1166 (2019) creating a commission to study the benefits of energy storage in the state’s electric industry.
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