A push to establish an Investment Tax Credit (ITC) for energy storage has not only been welcomed by clean energy advocates and the industry, but might also meet the some stated aims of the Trump administration’s energy policies, an analyst has said.
Andy Colthorpe spoke with Janice Lin of the California Energy Storage Alliance on what sort of role energy storage will play in reaching the ‘100% carbon-free retail electricity’ goal of the state’s SB100 legislation. Part 1, with the second half to follow later this week on Energy-Storage.news.
Following news of SB100, legislation that would set California on a path to 100% renewables by 2045, the state is also on the brink of setting up a rebate programme for energy storage equipment sales.
With energy storage deployments in the US up almost 50% year-on-year, according to GTM Research analysis, the next big question for the industry might be who gets to own all of the assets.
As might be expected, California’s main utilities led the way in 2016 for US state-by-state deployment of energy storage, with Southern California Edison installing as much as 40% of the national total, according to a new survey.
Despite a bill to create a rebate programme for energy storage systems purchased in California being dropped from a recent round of legislative decision-making, the state’s industry still has a “bright future”, commentators have said.
An analyst at Navigant Research has said he was surprised to see Tesla dominate California’s SGIP (Self-Generation Incentive Program) applications, with the Silicon Valley car and tech company accounting for half of all requested funds.
The US state of California’s Senate has approved a bill that would provide rebates to customers for the purchase of energy storage systems, bringing the legislation a step closer to introduction.
California’s Self-Generation Incentive Program (SGIP), the scheme to incentivise the use of distributed energy, opens for applications at the beginning of next month, weighted to favour energy storage.
