Utility Dive•about 23 hours ago
Xcel defends storage ownership in distributed capacity pilot
Key Takeaway
The regulatory decision on Xcel Energy's proposed utility ownership of distributed battery storage in its Capacity*Connect pilot will set a critical precedent for market access and competition for DER developers and IPPs in future capacity programs.
AI Summary
- •Xcel Energy is proposing to own all battery storage deployed under its Capacity*Connect distributed capacity pilot program in Minnesota.
- •This utility ownership model is facing strong opposition from stakeholders advocating for increased competition and third-party ownership of distributed energy resources (DERs).
- •The outcome of this regulatory debate will significantly impact market opportunities for battery storage developers and independent power producers (IPPs) seeking to participate in utility-led DER capacity programs in the region.
- •The Capacity*Connect pilot aims to integrate distributed resources into the utility's capacity planning, with the ownership structure being the primary point of contention.
Topics
capacity-marketmisopolicystorage