Virginia Energy Storage Procurement Act

In evaluating a permit application, the commission shall make a determination for approval based upon a finding that the energy storage facility (i) will have no material adverse effect upon reliability of electric service provided by any regulated public utility; (ii) does not adversely impact any goal established by the Virginia Environmental Justice Act (§ 2.2-234 et seq. of the Code

What does the 10% vcea goal mean for energy storage?

As energy storage programs are put into place and BTM installations are encouraged to reach the 10% VCEA goal, customers will play an important part of the continued evolution of energy storage in Virginia.

What does FERC's new capacity accreditation rule mean for energy storage?

On July 30, 2021, FERC accepted changes to this rule that would allow storage resources to receive capacity accreditation based on the technology’s ability to meet load requirements which may alleviate this barrier going forward. Virginia Energy Storage Task Force Report to the General Assembly of the Commonwealth of Virginia

What are energy storage interconnection timelines?

Interconnection timelines pose a challenge to energy storage for both front-of-meter or BTM deployments, as even if utilities expedite their interconnection processes, permitting time varies by area of governance. The PJM interconnection queue is currently the largest lag and the last hurdle most energy storage developments end up clearing.

How is power delivered by energy storage systems related to RECs?

There are two ways to judge power delivered by energy storage systems as related to RECs: either by the power that was used to charge the system or the amount that was discharged. Due to round-trip energy losses, the discharged power will be less than the amount used to charge a storage device.