5.3.5 Energy Storage

LPDD Recommendation: “States should adopt new laws or regulatory policies to create additional flexibility for how to classify energy stor­age projects for purposes of ratepayer recovery, or other means of rewarding energy storage initiatives, to facilitate greater integration of renewable energy into the grid.”

NJ’s A3723

Sets New Jersey’s energy storage target at 2,000 MW by 2030.

Oregon’s HB 2193

Requires electric companies with at least 25,000 retail customers to produce at least one energy storage system with at least 5 MWh of energy, to be operational by January 2020. 

NY Energy Storage Target

NY DPS issued an Energy Storage Roadmap calling for an energy storage goal of 1.5 GW by 2025. In January 2018, the Public Service Commission issued an Order establishing a 2030 target of 3,000 MW.

Nevada’s SB 204

Requires the state’s Public Utilities Commission to study whether it should establish a program mandating that the state’s electric utilities produce energy storage systems.

Massachusetts energy storage target

In accordance with H4568 (2016), Massachusetts’s Dept. of Energy Resources has adopted a target of 200 MWh of storage by 2020. In July of 2018, Massachusetts passed 4857, raising the state goal to 1,000 MWh of energy storage by the end of 2025.

Proposed STORAGE 2013 Act

Would have given storage systems a 20 percent investment tax credit for systems above 1-MW/1-MHw and a 30 percent tax credit for smaller 1-kw/5-kWh systems.