60kWh Smart Photovoltaic Energy Storage Container Government Procurement

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View/Download 60kWh Smart Photovoltaic Energy Storage Container Government Procurement [PDF]

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4 FAQs about 60kWh Smart Photovoltaic Energy Storage Container Government Procurement

What type of energy storage projects are recent contracts for?

Recent contracts are predominantly for much larger transmission-connected energy storage projects. Earlier energy storage contracts were significantly more expensive across all grid domains, and they generally reflect the cost reductions seen in the global storage industry.

What does the PU's Energy Storage Procurement Framework do?

The PU’s Energy Storage Procurement Framework provides crucial motivation to the development of both demand and supply in this marketplace. Since the time of Assembly Bill 2514 and through 2021 California built a rich ecosystem for energy storage research and development, commercialization, and project deployment.

Should energy storage be co-located with solar?

There is a growing interest in developing energy storage resources paired with solar, driven by cost synergies and tax incentives. However, co-location benefits can be offset by more restrictive operational and siting constraints, which may reduce grid value compared to standalone development.

When will the energy storage projects be installed?

The energy storage projects will be installed by the end of 2024. In 2013, the CPUC issued Decision 13-10-040 and directed California’s three large investor-owned utilities to procure 1,325 megawatts of energy storage by 2020.