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 energy 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 report, “Deploying Distributed Energy Storage: Near-term Regulatory Considerations to Maximize Benefits” has 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 contributions to energy storage issues are helping to resolve some fundamental regulatory questions, which will ultimately help enable deployment of storage in a manner that is fair to all ratepayers and encourage the use of these systems such that they provide optimal benefits to the grid and energy storage adopters.
Recent State Engagement
Whether serving as an active intervenor in a regulatory proceeding or by providing technical assistance and support to stakeholders, IREC engages on energy storage in a number of states. Most recently, IREC has been involved in California, Nevada, and Oregon.