Flexible grid resources like electric vehicles and heat pumps could help avoid marginal generation costs greater than $200/kW per year, substantially above present levels, Brattle found.
Groups participating in the lobbying blitz in Washington, D.C., represent over 2,000 companies and hundreds of billions of dollars in private investment, according to the Solar Energy Industries Association.
The Trump administration will likely scrutinize funding for renewables and climate change mitigation, potentially affecting outlays for critical grid investments, experts say.
“The ratio isn’t evolving at the pace needed to hit the 4:1 level required this decade under commonly referenced scenarios to limit climate change to 1.5 ,” according to BloombergNEF.
The Solar Energy Industries Association wants to see the U.S. reach 10 million distributed energy storage installations and 700 GWh of grid-connected capacity by 2030, it said last month.
The new duties are set to take effect Feb. 10 and cover some car, equipment and energy imports.
The California Independent System Operator estimates the state will need up to $63 billion in new transmission over the next 20 years to meet its energy goals.
Wright aims to expand U.S. power supplies — including renewable energy — to help lower electricity prices, he said during his Senate confirmation hearing.
The utility expects the number of customers it serves to grow 2% annually “for the foreseeable future.”
Western day-ahead markets will improve the status quo but should be seen as a “way station” to even more efficient RTO-like dispatch.