the inevitable future of DG PV + Storage
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Here are reasons why DG PV + storage will be vital in the future. TO HELP MEET AMBITIOUS STATE CLEAN ENERGY GOALS Storage would need to go from about 11 gigawatts today to 277.9 by 2040, according to a recent research report from WoodMac. For example, in New York, reaching the goal of 100% renewable electricity generation by 2050 will not be achievable without storage, which is why it’s good that the state has put storage goals in place in parallel with its ambitious solar goals. AN INTEGRAL PART OF GRID MODERNIZATION As cities and states transition to 100% carbon- free energy sources within a few decades, the WoodMac report highlights the need to transform the grid in a way that could meet demand on the hottest and coldest days, and that transformation would require building-out infrastructure for solar and energy storage. “Storage may become a requirement for grid interconnection,” predicts Dobbs. “As demand for solar increases, storage will be needed to mitigate volt fluctuations.” Dobbs recalls a time when it was believed that having more than 15% of solar on the grid would cause problems. As time goes on, the advantages of solar + storage will be utilized to a greater extent to manage dispatchability. It may even become a factor in how Net Metering programs are configured by helping to assign value to specific fuel types.
I t won’t be many years with every solar project. It might be a little bit to deal with grid integration issues or it could be a lot to facilitate load shifting. What we need to be doing as an industry is partnering with groups like the Energy Storage Association and SEIA. From a project standpoint, you want to understand what revenue is available and design your systems around that. — Dan Dobbs CFO, Standard Solar
from now that there will be some amount of storage
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IN THE WAKE OF COVID-19 According to a March, 2020 survey from the Energy Storage Association (ESA), the energy storage industry is being hit with project delays and potential job losses. However, the ESA recognizes the overwhelming potential of energy storage to increase resiliency and grid reliability (particularly in behind-the-meter applications) as America heads towards hurricane and wildfire season and continues to push for federal support measures.
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