Energy Storage News•15 days ago
How distributed energy resources could combat soaring electricity costs in the US
Key Takeaway
Distributed energy resources, particularly energy storage, present a critical and actionable strategy for developers and large power consumers to mitigate rising electricity costs and enhance grid resilience.
AI Summary
- •Rising electricity costs in the US are creating significant financial pressure for consumers and businesses.
- •Distributed Energy Resources (DERs), especially energy storage, are highlighted as a primary solution to combat these soaring costs.
- •The article likely explores how DERs can provide bill savings, enhance grid resilience, and offer new revenue streams for developers and large power consumers.
- •John Farrell's involvement suggests a focus on policy frameworks and local control to accelerate DER adoption and maximize community benefits.
- •For developers and IPPs, this signals growing market opportunities for DER and storage projects, while large loads can leverage DERs for cost reduction and improved reliability.
Topics
capacity-marketdatacenterfinancinginterconnectirapolicystorage