World : As second wave of state storage targets builds, utilities propose new projects

Experts are watching Arizona, Nevada and Colorado for new policies that will help develop the industry

Energy storage has been taking root across the country, but coastal states, such as California, Massachusetts and Oregon, have taken the lead in implementing related policies. That could change as states such as Colorado and Nevada move closer to potentially ambitious policies to support energy storage.

Rising renewable penetration combined with falling costs for lithium-ion batteries is driving many states to explore policies that encourage energy storage.

New Jersey became the most recent state to adopt an energy storage target when Democratic Gov. Phil Murphy in May signed a bill that establishes a 2,000 MW by 2030 target. And in New York, the Public Service Commission is in the process of setting an energy storage target that some observers say could end up as high as 3,000 MW by 2030.

 

Source : https://www.utilitydive.com/news/as-second-wave-of-state-storage-targets-builds-utilities-propose-new-proje/529495/

Smart Grid Bulletin September 2018


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