State-level renewable solar energy storage is on the rise
It is projected that about 73 GW of solar Photovoltaic Systems will be installed in the United States from 2018 to 2022. One gigawatt (aka GW) can provide enough energy for about 700,000 homes. California leads the states in most solar energy, and on May 9th the CEC (California Energy Commission) approved measures that all residential homes must adopt or incorporate solar power in the state starting in January 2020.
California is also pushing for battery storage during new home construction
Increased battery storage optimizes renewable energy consumption. Additionally, it will expand the industry by tying suppliers and home builders. However, there are bound to be questions related to the new standards. For example, the increase in construction costs will be a common question that users have. It will be important that the states educate users of the benefits that the energy savings will bring, which will greatly outweigh the costs.
Recently, New Jersey became the fifth state to adopt an energy storage target
New Jersey is now alongside states such as Hawaii, New York and California, the leading clean energy states. PV Magazine USA reports that the goal is to increase New Jersey’s renewable standard (amount of power from Utilities coming from renewable energy sources) to 35% by 2025 and 50% by 2030. If New Jersey is able to meet their goals, this will be a huge advancement for the renewable energy industry!
Hopeful for the future
This will hopefully give the energy storage industry more momentum to spread to the East coast. The industry is already setting plans for future renewable energy storage targets across the country. With California and New Jersey continuing to increase their renewable power, other states will more than likely begin to do the same. The question then becomes if other states will take a more proactive approach or a reactive one. Some states may be more skeptical, thus they may wait to see the results of the new standard in California and New Jersey before they fully commit.
Intersect Energy proudly shares renewable energy news and information to all our customers and those interested in seeing renewable energy expand. Stay up-to-date with all the happenings at Intersect Energy by following us on LinkedIn!