The past year has brought legislatively-mandated impact studies, efforts to tame new uncertainties in load forecasting and interconnection operations, and proposals for new customer rates and contracts to more fairly manage the emerging utility and consumer risks of rising data center electricity demand. These dynamics create many opportunities for innovation and partnerships.
We are particularly excited about new regulatory constructs and innovative partnerships to meet demand growth and advance carbon-free energy deployment. Major examples from the past 12 months include:
- New large-load tariffs with mechanisms to support new clean, firm generation in vertically integrated markets (example: NV Energy)
- Utility power procurements for new 24/7 carbon-free electricity in competitive markets (ex: SoCal Edison and Fervo’s partnership)
- Utility-corporate partnerships to develop grid-scale renewables and storage in competitive markets (example: OPPD and Google partnership)
- Power purchase agreements (PPA) and co-location proposals combining carbon-free generation and energy storage (example: Google and Kairos PPA; Constellation’s Three Mile Island agreement with Microsoft)
- Creative utility pilots to test new models for large-load customer load flexibility and interconnection (example: PG&E FlexConnect)
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