Solar + Storage: A Value Stacking Pair
Like peanut butter and jelly, energy storage and solar energy are often better together. Although our focus here at ESNA is, predictably, energy storage, we know that solar power is a critical piece of the puzzle in building a cleaner, more affordable and efficient grid.
According to Solar Energy Industries Association, solar power has grown annually by nearly sixty percent in the past ten years. This growth is only expected to continue thanks to the extension of the Federal Investment Tax Credit (ITC), which provides certainty for the solar market. For certain facilities with particular load profiles, adding storage to solar can further cut demand charges while providing access to backup power. Even at the residential level, some customers can take advantage of lower electricity bills and increased self-consumption.
For utility-scale systems, combining the two technologies can transform a large-scale solar system into a dispatchable, reliability asset for the electric grid. Pairing solar and storage can smooth out grid fluctuations and provide the foundation for demand response, ancillary services and dispatchable power programs.
To learn more, join us at Energy Storage North America 2016, where we’ll have several sessions dedicated to exploring the applications and economics of solar-plus-storage systems.
Here are a few panels to look out for:
Dispatchable Solar Plus Storage: The Kauai Island Utility Cooperative Case Study
Speakers from KIUC and SolarCity will share an overview of the project, discuss Hawaii’s renewable energy goals, and analyze the grid benefits of integrating energy storage from a reliability standpoint. This engaging conversation will be moderated by Commissioner Akiba of the Hawaii Public Utilities Commission.
Deploying Customer-Sited Storage: What Every Practitioner Needs to Know
Designed for solar developers, installers, and electrical contractors, panelists will share case studies on residential, commercial, and microgrid/offgrid systems and will evaluate the solar-plus-storage value proposition.
How to Tap into Aggregation as New Revenue Stream: Case Studies from California, Hawaii, and New York
This session will introduce the idea of aggregating distributed energy resources (DERs) and virtual power plants (VPPs) as a new energy business models and economic development tool for utilities and wholesale markets.
More details on our full conference agenda can be found here.