Category: Finance and Asset Management
Increasing levels of BTM Solar in California is causing the CAISO to develop new incentives and revenue streams for solar that is paired with energy storage. These new incentives and market products can be difficult to evaluate, however, finding the right balance in the value stack is vital to optimizing the value of these projects. CES’ poster will describe the multiple use cases, with different combinations of benefits/revenue components, that are possible for BTM solar+storage assets as well as some of the risks associated with these potential use cases. CAISO’s SGIP incentives as well as the Federal Investment Tax Credit have driven the deployment of BTM solar+storage assets and California has one of the highest demand charges in the country which makes Demand Charge Management a primary BTM application.
CES has developed an innovative strategy to maximize the value of BTM solar+storage by identifying the optimal mix of market revenues and federal/state incentives. Our poster will showcase the relevant Customer/Site Specific Considerations, Wholesale Services (including Market Prices, Sizes and Risks), and Federal & State incentives available for BTM solar+storage assets.
Solar and storage Project Developers, Investors, and Integrators are all target audiences for our poster. Companies that are interested in developing and deploying assets and capital in California would learn how solar+storage assets could participate in wholesale markets and serve local load while avoiding or mitigating risks associated with these services. A consultant who is knowledgeable about the opportunities for BTM solar+storage assets in California would accompany this poster and would be able to answer any questions participants have about the poster content.
Chad Dixon– Consultant - Emerging Technologies, Customized Energy Solutions