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6 FAQs about [Latest version of building energy storage policy]
What are the different types of energy storage policy?
Approximately 16 states have adopted some form of energy storage policy, which broadly fall into the following categories: procurement targets, regulatory adaption, demonstration programs, financial incentives, and consumer protections. Below we give an overview of each of these energy storage policy categories.
What is a storage policy?
All of the states with a storage policy in place have a renewable portfolio standard or a nonbinding renewable energy goal. Regulatory changes can broaden competitive access to storage such as by updating resource planning requirements or permitting storage through rate proceedings.
Does a building have to comply with the 2022 energy code?
Buildings whose permit applications are applied for on or after January 1, 2023, must comply with the 2022 Energy Code. 2022 Energy Code for Residential and Nonresidential Buildings 2022 Energy Code: Reference Appendices are adopted along with the Energy Code and contain data and other information that helps builders comply with the standards.
What is the future of energy storage?
In addition to the U.S. government’s climate goals, the growth of electric vehicle usage, increased deployment of variable renewable generation, and declining costs of storage technologies are among other drivers of expected future growth of the energy storage market.
What are the key updates to the energy standard?
Key updates to the standard are as follows: New metrics provided for establishing greenhouse gas emissions targets, along with continued improvements to energy efficiency and performance in existing buildings. Establish an energy management plan incorporating efficient, low-carbon equipment into capital replacement.
How are battery energy storage resources developing?
For the most part, battery energy storage resources have been developing in states that have adopted some form of incentive for development, including through utility procurements, the adoption of favorable regulations, or the engagement of demonstration projects.