Is Adding Solar Batteries Worth it?

Seeking to help states better address the value proposition of solar+storage systems, the Interstate Renewable Energy Council, Inc. (IREC) engaged Clean Power Research (CPR) to develop a methodology that could be used to value solar energy coupled with battery storage. The methodology described in the report can be applied in any location. It focuses on Hawaii as an example, as it is likely to be an early adopter of storage regulations. 
"The concept of adding batteries alongside a utility customer's solar array intrigues utility customers, solar developers, and utility planners on several levels, but the underlying question for everyone is whether adding batteries is 'worth it,'" says Jason Keyes, Partner at Keyes, Fox & Wiedman LLP, attorney for IREC and report collaborator. 
Though still at a nascent stage, the recent rapid growth in the distributed energy storage market suggests that now is an opportune time to take a closer look at distributed energy storage, especially in combination with distributed solar, and the values it has to offer. The new IREC study lays out the methodology to do just that and sets forth a pathway for more robust analysis and dialogue.   Cont'd...
 

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

QuickBOLT - Expand Your Services

QuickBOLT - Expand Your Services

Explore new lines of income for your solar installation business with QuickBOLT's Stone Coated Steel roof mounts designed in partnership with metal roof manufacturers themselves. These SCS roof mounts work on all metal tile profiles and will help you bring in money you're missing out on. By not driving into the roofing material, QuickBOLT's Stone Coated Steel roof hooks maintain the integrity of the roof. Install with ease and confidence knowing your roof is protected against the harsh elements that these hooks are designed for.