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Nevada Classifies Storage Devices as Renewable Energy Assets

Posted by Green Builder Staff

Jun 14, 2017 11:14:02 AM

New legislation revises state renewable energy targets and includes a role for storage that no other state has attempted yet.

Once signed, the legislation put forward in Nevada says that each kilowatt of energy delivered by a qualified storage device will count as double when trying to meet the new RPS requirement.

From Greentech Media:

"I am astounded at the amount of progress that Nevada legislators have made in such a short amount of time to catapult their state into the leadership of storage policy in the United States," said Jason Burwen, policy and advocacy director at the Energy Storage Association industry group.

The new policies leap-frog Nevada into the ranks of important storage markets like Arizona, Hawaii, Massachusetts, New York and Washington, behind the national leader, California, said Ravi Manghani, energy storage director at GTM Research.

Several of those states have passed storage targets, but the RPS bill takes storage policy in a whole new direction.

It casts storage devices as renewable energy assets that can deliver energy, along with solar, wind and geothermal.

It also incentivizes storage specifically for peak capacity, so that systems will be inclined to discharge their energy at the time of greatest grid need. Alternatively, it rewards systems that provide valuable grid services like frequency regulation and voltage control, which keep the grid running smoothly as renewable penetration increases.

Read the complete article here.
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