Storage has reached a major inflection point. The critical question is no longer whether the technology is going to fulfil its promise and potential; rather, the key issue today is where applications can be optimized.
When examining an emerging application such as resiliency, the answer of where to best locate storage can have potentially large ramifications for all stakeholders. Commercial developers are accelerating their push to deploy storage on the customer side of the meter. Concurrently, state initiatives are beginning to set precedents to allow utilities to own and operate storage if the devices are used to improve grid resiliency and efficiency. Where storage is placed and who ultimately owns the device is not a simple debate, but one that will have an impact on how storage is integrated into the grid and on future utility business models as well. When these activities are coupled with the rapid decline of storage cost, it becomes apparent that actions need to be taken today to understand this question on optimization for resiliency.
In this webinar, ICF explores this critical strategic issue for utilities and suggests steps that they could take to be part of the deployment equation in the future. Our webinar will:
- Examine the activities and precedents currently taking place in New York, California, and Texas
- Provide an update into the types of applications, storage technologies, and software that are being place on the customer side of the grid
- What it means for utilities to make the resiliency business case
- Actions that need to be taken to capture the full financial value state actions are presenting to utilities