Load flexibility can deliver the same value as behind-the-metter batteries at a much lower cost, the author writes. We are in the middle of the most remarkable transformation in the history of the electricity grid — from dirty and centralized to clean, distributed, and digital. Many policymakers and pundits believe that if only we had […]
California Finalizes Plan Shifting Key Energy Storage Incentive Toward Blackout Resilience
State to spend half a billion dollars by 2024 helping vulnerable customers install on-site batteries, a big change for the market. California regulators have finalized plans to direct more than half a billion dollars in behind-the-meter battery incentives over the next four years to customers most at risk of being impacted by the state’s increasingly […]
California Seeks to Shift Major Battery Incentive Toward Fire, Blackout Resiliency
CPUC proposes to spend $613 million of total $1.2 billion SGIP budget through 2024 on battery-solar systems for high-fire-risk customers. Over its 13-year history, California’s Self-Generation Incentive Program has been the state’s primary driver for distributed solar, biomass power systems, fuel cells. and, over the past half-decade or so, behind-the-meter batteries. Now California regulators are […]
California Proposes $100M in Energy Storage Incentives to Boost Wildfire Resiliency
An incentive carve-out for high-fire-risk areas could boost uptake among customers most likely to want solar-storage systems. California regulators want to direct $100 million in state energy storage incentives to a new class of disadvantaged customers: those living in parts of the state at the highest risk of deadly wildfires. The California Public Utilities Commission […]
Massachusetts Storage Market Imperiled by Requirement to Buy New Utility Meters
Should solar customers have to pay for a new meter to measure their generation, or is their own smart inverter good enough? Massachusetts rolled out a new incentive last year to spur solar and energy storage adoption, but installers are worried that a technical requirement could foil the goals of the program. The Solar Massachusetts […]
Stem Lays Off Workers Amid Strategic Shift Towards Software
Venture-backed energy storage company thinned its ranks this spring, including its regulatory team, GTM has learned. Leading U.S. commercial energy storage startup Stem laid off employees at the end of April, sources familiar with the situation told GTM. The layoffs came as a surprise to employees on the morning of April 29. Roughly 15 people […]
‘Obvious benefits’ of ITC for energy storage could even meet Trump’s energy resiliency aims
A push to establish an Investment Tax Credit (ITC) for energy storage has not only been welcomed by clean energy advocates and the industry, but might also meet the some stated aims of the Trump administration’s energy policies, an analyst has said. Michael Doyle, a Democrat, has proposed in the US House of Representatives the […]