Utility Dive•1 day ago
Xcel defends storage ownership in distributed capacity pilot
- •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.
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