ORIGINAL REPORTING: Grid Modernization Accelerates
As feds focus on baseload, grid modernization is sweeping the nation; More than 30 states are considering far-reaching modernization and utility business model reforms, including new initiatives to integrate battery storage into grid planning processes.
Herman K. Trabish, November 14, 2017 (Utility Dive)
Editor’s note: As shown in yesterday's "Study of the Day," grid Modernization efforts across the country have accelerated since this story ran. Q1 2018 saw an astonishing 75% increase in actions over Q1 2017.
As the Trump administration continues to throw its weight behind legacy power assets, states and utilities are busy building the grid of the future...Grid modernization actions make the power sector “more resilient, responsive, and interactive,” according to "50 States of Grid Modernization," the new Q3 2017 policy update from the North Carolina Clean Energy Technology Center (NCCETC). "Actions" are legislation or regulation that addresses smart grid, advanced metering infrastructure, utility business model, or rate reforms, or ways to expand access to DER...The clear trend in 2017 has been in state-initiated investigations of grid modernization, said Autumn Proudlove, NCCETC Manager of Policy Research and lead author of the update. “We are still at the beginning of grid modernization but more and more states are doing broad investigations to understand it better," Proudlove said...
In Q3 2017, there were 40 actions to “tweak” existing policies and 38 actions to implement incipient programs or deploy “first-step” technologies. But there were 32 actions initiating studies or investigations on grid modernization, as well as 74 actions studying markets, planning, rate and business model reforms, and financial incentives. Also significant was the fact that 26 of the 33 states engaging with grid modernization took actions on energy storage policies and deployment. The emerging question asked by state investigations, Proudlove said, is what grid modernization should include to enable a 21st century power sector... click here for more
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