SEIA has filed a petition with the New York regulators calling for changes to the calculation of the value of distributed energy, including by refining how to take into account avoided damages, and adjusting the application of ‘E-values’ until further program changes occur.
The investment comes as part of Governor Cuomo’s ambitious state mandate of 1,500 MW of energy storage by 2025, in hopes of shifting generation to match demand.
A recent analysis from the U.S. Department of Energy shows the Midwest and Plains States in the lead, but the coasts are on a track to catch up thanks to mandates.
Two white papers issued by state regulators call for modifying the Value of Distributed Energy Resources calculation and increasing credits available for community solar projects. SEIA describes this as “forward progress”.
The three bills introduced in the City Council would require new buildings to host solar PV, small wind turbines or “green roofs” of plant covering, however rooftop solar still faces unique barriers in the city.
EnterSolar is building a 2.4 MW solar project on the roof of a building just north of New York City, while Key Capture Energy will build the state’s largest lithium-ion battery – 20 MW – in Saratoga County.
Reuters reports that nearly 20% of its installation facilities will close, as part of the company’s 9% workforce reduction announced last week.
The New York State Assembly has passed a bill which would temporarily put a hold on the alternative valuation of electricity from community solar projects and re-institute net metering for three years. The companion bill currently sits in Senate Rules Committee.
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