Solar Connecticut PURA Solutions Day

SHR Energy Management Industry Snapshot, News

The Massachusetts State of Charge Report

  • A 2015 $10 Million initiative to evaluate and demonstrate the benefits of deploying energy storage in Massachusetts.
  • Recommends 600 MW of energy storage by 2025 $800 Million in system benefits to Massachusetts ratepayers
  • 1,766 MW of new energy storage creates up to $2.3 billion in ratepayer savings (deferred T and D investment, lower electric prices, lower peak demand, increased grid reliability and resiliency and more.

Behind The Meter Residential Storage (Dispatched by EDC)

  • Electric storage provides resiliency in the event of a grid failure
  • Without “Time Of Use” rates, projects will not be cost-effective
  • Grid benefits when storage serves demand during peaks (cut energy costs, better use of peak generation and Transmission and Distribution equipped)
  • Storage leveraged across the grid addresses RE integration and distribution upgrade deferrals
  • EDC in MASS with dispatching storage assets in homes

Fair Competition to Develop Storage Projects is Critical for Solar+Storage Success

  • No limits on non-utility enterprises to market and deploy storage systems.
  • EDCs must consider all forms of resource ownership (utility-owned, 3rd party owned, customer-owned, joint ownership) when procuring storage systems.
  • Focus on Connecticut proposals and vendors to grow local jobs.

Mass Proposals to Jump Start Storage

  • Customer-sited rebate modeled after DOER’s EV rebate to encourage Commercial and Industrial businesses to invest in storage that:
    1. Lowers electric bills
    2. Better Utilizes on-site generation
    3. Provides grid benefits by reducing peak demand
  • Grants to small to medium sized manufacturers for feasibility studies.
  • Commercial, industrial and municipal resilience solar and storage solutions to protect from service interruptions.
  • Support for encouraging the use of storage where “solar + storage” provides value to the system owner and ratepayer

Ease Interconnection Process

  • Speed of solar development and new technologies have outp[aced EDC’s ability to keep interconnection process consistent
  • The streamlined process gives applicants greater certainty of interconnection time and cost; EDC’s assured interconnecting storage will not negatively impact the grid
  • See “Report on interconnection requirements for PV industry in the Northeast U.S.” NESEMC; July 2017
  • SolarConnecticut to address further in RE06

SHR Energy Management has delivered comprehensive solar energy solutions for over a decade. SHR was one of the earliest developers of solar installations in the Northeast U.S. under the leadership of Founder and Chief Executive Noel Lafayette. With a comprehensive understanding of every stage of solar development, Noel demonstrates a deep knowledge of solar industry complexities, including regulatory matters, financial incentives, and renewable energy credit markets. SHR is capable of handling commercial, municipal, and utility projects ranging in size from 200kw to 25MW with access to over $500 million in capital funds. SHR is experienced in developing a wide variety of energy cost-saving projects, along with access to financing sources, knowledge of state/local regulations and incentives. This combination of the elements allows SHR Energy Management to move quickly with unmatched flexibility and transparency in our approach. For more information, contact us today.