Integrating distributed energy resources (DERs) like solar and batteries is key to modernizing the power grid for a more resilient supply. Challenges include managing intermittency and updating regulations. Aggreko is a global leader in energy solutions, supporting DERs for commercial and industrial sectors. Policies at federal, state, and local levels impact DER deployment and incentives.
Developers face challenges in integrating DERs, including long timelines, uncertain costs, permitting, and engineering issues. Successful integration requires a programmatic approach and early engagement with utilities. Aggreko’s experience shows that proactive planning reduces delays and risks in project development.
DER deployment should focus on technologies that meet consumer needs, such as onsite solar and battery storage systems. C&I rooftop solar has grown significantly due to cost reductions and policy incentives. Hybrid microgrids offer dispatchable power supply and sustainability. Expect continued growth in DERs for commercial and industrial facilities.
Utility-scale battery storage is crucial for grid resiliency amid increased renewable energy and aging infrastructure. Supporting policies and technology innovations will drive growth in the sector. Utilities can benefit from partnering with third-party aggregators to access DER generation. States like New York and Maryland are promoting collaboration between utilities and developers for community solar projects. 1. The stock market experienced a significant drop today, with the S&P 500 falling 2% and the Dow Jones Industrial Average losing 500 points. Investors are concerned about rising inflation and interest rates impacting the economy.
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Read more at Yahoo Finance: The POWER Interview: Grid Integration of DERs