Energy storage has become big news and a valuable contributor to the energy sector. The interest in energy storage is expanding for a couple of reasons. As utilities continue to add renewables to the grid, storing electrons and releasing them as needed is a key ingredient to solving the intermittency problem, particularly with wind and solar. Secondly, evolving technology now gives consumers more control of their energy use, and companies have formed to take advantage of that. This renewed interest in energy storage has been motivated primarily by declining costs of technologies, volatile fuel prices, new markets opportunities, transmission and distribution challenges on the electricity grid, and the emergence of intermittent renewable energy generation.
Until recently, The Southeastern United States has been devoid of large scale energy storage deployments because of a lack of favorable policy and regulatory actions. However, things are changing rapidly as some of the utilities in the Southeast have significant or growing renewable energy operations creating opportunities to use storage in their service territories and elsewhere. Interestingly, the Crescent Electric Membership Corporation in North Carolina became the first utility in the nation in 1987 to use batteries to reduce the amount of electricity they needed to generate during times of peak usage.
This conference will provide an overview of the regulatory landscape, load profiles, the economic justification of storage, non-wire alternatives, case studies and lessons learned. The conference materials provide valuable information on a full spectrum of applications for utilities, regulatory agencies, project developers, private investors, finance firms, wholesale market participants, and owners of existing wind and solar power plants. Conference attendees will enjoy quality networking with industry peers and will take away great ideas for refining and administering their storage initiatives.