Are community energy storage systems a good investment?
As previously mentioned, most community energy storage projects in the United States are distribution sited and utility owned. The community indirectly benefits from cost-effective investments that reduce system costs. There is also the potential for distribution sited storage systems to improve local reliability and resiliency.
Can community energy storage be adopted at the local level?
Energy storage in particular can be adopted at the local level due to the flexible and scalable nature of the technology. As a result, with the wider adoption of community solar, interest in community energy storage (CES) is growing.
Are community energy storage projects community owned?
While this definition could enable several use cases, in practice most community energy storage projects feature direct utility ownership and control; they are not community owned. However, other models are emerging that tie the asset more directly to the community.
What is a community solar + storage project?
The community solar + storage project allows customers to buy electricity for a lower rate than the utility, while providing more valuable generation to the grid. Energy storage can also be installed in campuses or multifamily buildings and shared among the tenants.
What is the Community Solar Value Project Toolbox?
The Community Solar Value Project Toolbox is a suite of resources for utilities provided by the U.S. Department of Energy’s Solar Market Pathways initiative and created by Extensible Energy with Cliburn & Associates and Navigant Consulting.
Why is community ownership important in the energy sector?
Community ownership of assets is one way to deliver a more equitable distribution of benefits and control in the energy sector. Energy storage in particular can be adopted at the local level due to the flexible and scalable nature of the technology.
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