Category: Rate Design and Valuing Distributed Energy Resources
Solar PV, energy storage, and distributed energy resources are making up an increasingly large portion of the electric power generation mix. Many municipalities around the US have adopted or are considering adopting very aggressive renewable energy goals, as high as 100% in many cases. Some of these municipalities are in Florida. And, though solar development in the state is on a significant upswing, Florida as a whole, like much of the Southeastern U.S., lags many other states in the growth of distributed energy resources (DER) including solar PV and energy storage, even though "the sunshine state", has significantly above average solar resources relative to the rest of North America. The expansion of solar PV beyond around 30% penetration requires a more holistic approach to grid planning and utility rates and programs that considers solar in combination with other distributed energy resources, particularly storage and responsive load ("solar+"). And, it requires more fully extracting the value from solar+ through better understanding and quantifying the total value to the grid and the consumer for various scenarios and developing practical regional, state, and market-specific strategies that are informed by sound research and data that considers grid operational requirements and limitations and different projections into the future. This presentation will discuss results to-date by the Florida Alliance for Accelerating Solar and Storage Technology Readiness (FAASSTeR), a 3-year project underway, funded by the U.S. Dept. of Energy Solar Energy Technologies Office, to examine these issues in depth for the State of Florida and provide foundational research to make informed decisions and policy, to support grid planning under a high renewables and DER future, and to suggest practical strategies that leverage new value streams to reach solar penetration levels exceeding 25-30%. Project partners include Florida's municipal electric utilities, the State of Florida, the Florida Municipal Electric Association, the National Renewable Energy Lab, Lawrence Berkeley National Lab, and the Southern Alliance for Clean Energy.
Rick Meeker– President, Nhu Energy