Advanced energy storage technologies located strategically on the electricity grid are an untapped opportunity to address grid challenges and enhance resiliency, support higher penetrations of renewable energy on the grid, mitigate peak demand, and expedite the transition to a low-carbon energy future.
Energy storage can offer benefits to consumers, helping them directly manage their energy use while also offering distribution system managers new tools to help maintain and even enhance the functionality of the electricity system.
While the potential of energy storage to lower costs and improve the quality of electric service is considerable, regulatory guidance and proactive policies are needed to lay the foundation for near-term and long-term market growth.
IREC’s Energy Storage Work
IREC’s landmark reports, “Charging Ahead: An Energy Storage Guide for Policymakers” and “Deploying Distributed Energy Storage: Near-term Regulatory Considerations to Maximize Benefits” have helped set the stage for many state discussions, and we are frequently called upon to present on energy storage before public utility commissions, state technical standards workshops, and national conferences. In addition, IREC is actively involved in state regulatory proceedings addressing energy storage, and our on-the-ground work in states that are tackling this issue continues to help inform insights regarding the multi-faceted issues impacting energy storage.
IREC’s energy storage work provides answers to some fundamental regulatory questions that will ultimately hasten deployment of storage in a manner that is fair to all ratepayers and will provide optimal benefits to the grid and storage adopters.
Whether serving as an active intervenor in a regulatory proceeding or providing technical assistance and support to stakeholders, IREC engages in energy storage in a number of states including California, Nevada and Oregon.