Which U.S. States are Leading the Way in Grid Modernization?
There’s no denying it: smart grids are here now and are the way of the future. In the U.S., some states are making the transition much quicker than others. In a new report released from GridWise Alliance and the Smart Grid Policy Center titled 2014 Grid Modernization Index (GMI), a breakdown is provided of how quickly individual states are bring their energy grids up to date.
“The United States (U.S.) electric system is undergoing a transformation unlike anything we have witnessed in the past 100 years,” the report reads. “By the year 2030 or earlier, the grid will operate in a dramatically different way than it operates today, and interactions with the grid will change significantly as well. The rapid evolution of electricity supply and the increasing engagement of consumers, as producers/owners of distributed energy resources, has had major implications for the reliability, resiliency, and security of transmission and distribution grids. At the same time, our nation has an increasingly digital economy and is, therefore, even more dependent on affordable, secure, reliable, and resilient power.”
So, which states are leading the way? The states were scored based on state support, customer engagement, and grid operations.
Perhaps surprisingly, in the top 3, Texas is at the forefront of grid modernization, followed by California and Illinois.
The report also found that state support makes a huge difference in modernizing the grid.
“The states that received federal Smart Grid Investment Grants have higher GMI scores, with the
impacts reflected most substantially in the Grid Operations component,” the report reads. Looking at the full scope of the index, that certainly proves to be true.
“Overall, there is an increasing focus at the state level on DERs (distributed energy resources) to enhance grid resiliency particularly in the Northeast where Hurricane Sandy had such a devastating impact in certain areas,” the report reads. “States increasingly recognize that to effectively integrate DERs, the grid will have to be modernized.”
You can find the full, in-depth report here.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.