Active management of North Carolina’s grid allows the integration of additional renewable energy generation by providing a key opportunity for energy storage. North Carolina’s renewable generation capacity makes the state a desirable market for energy storage, given their complementary nature.
Over the past several years, the cost of energy storage has declined significantly and the performance of energy storage technologies has advanced appreciably. Utilities in the state are researching the value of energy storage and its applications on the state’s grid by installing pilot projects and demonstrations.
North Carolina has a clear opportunity to again be a leader in energy policy and forge a path that can be emulated in other similarly-situated electricity markets. To do so, however, North Carolina must provide clear guidance on how energy storage can be deployed commercially.
NCSEA’s Energy Storage Working Group convenes an active dialogue toward the following goals:
- Developing guidance that allows energy storage to be utilized for all of its possible purposes;
- Creating a model for deploying energy storage that can be implemented in similarly situated states; and,
- Determining any outstanding considerations that impact energy storage deployment in North Carolina.
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