Even with near-term headwinds, cumulative global energy storage installations are projected to be well in excess of 1 terawatt hour (TWh) by 2030. In this report, Morgan Lewis lawyers outline some important developments in recent years and trends that will help shape the 2024 energy storage market.
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5 天之前· The "Administrative Regulations on Grid-Connected Operation of Grid-connected Entities" apply to the thermal power, hydropower, nuclear power, wind power, photovoltaic
Even with near-term headwinds, cumulative global energy storage installations are projected to be well in excess of 1 terawatt hour (TWh) by 2030. In this report, Morgan Lewis lawyers outline some important developments in recent years
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According to public industry data, newly installed capacity of energy storage projects in China soared to 16.5GW in 2022, of which installation of new energy storage projects hit a record high of 7.3GW/15.9GWh. The explosive growth of
CEG provides information, technical guidance, policy and regulatory design support, and independent analysis to help break down the numerous barriers to energy storage deployment, from information gaps to
In May 2023, Maryland became the 11th and latest state to enact an energy storage target, with a goal to deploy 3 GW of storage capacity by 2033. The new law requires the Maryland Public Service Commission to establish
Jul 4, 2021 The first power plant side energy storage industry standards were officially released Jul 4, 2021 Jul 4, 2021 Qinghai''s market-oriented grid connection project in
Around 15 states have adopted some form of energy storage policy, including procurement targets, regulatory adaption, demonstration programs, financial incentives, and/or consumer protections. Several states have also required that utility resource plans include energy storage.
Regulatory uncertainty. The Federal Energy Regulatory Commission/RTO regulatory rules about how storage could be used as a distributed energy resource or to displace transmission to serve rural communities are evolving and/or untested. Unclear requirements.
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.
FERC/regional transmission organization (RTO) regulatory rules about storage classification/functionalization and cost recovery (from both market and cost-of-service regimes) need clarity and may limit resource operations and deployment, including the use of energy storage as transmission assets.
Critical services can benefit from policy improvements that enable greater adoption of energy storage, including the use of energy storage as an alternative to backup diesel generators and regulatory cost models that allow grid storage to be repurposed for emergency services.
EAC conducted a months-long review of obstacles and challenges facing the energy storage industry to determine areas of pressure and pain, and to assess whether DOE was addressing these obstacles and challenges in its funding, policy, initiatives, and other efforts.
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