Orrick and Clean Energy Pipeline have issued a report entitled Energy Storage Update - 2014 California Storage RFO, which focuses on the challenges and opportunities in the U.S. energy storage market, with specific focus on California’s energy storage procurement program. The spotlight on energy storage has only intensified since Orrick released its first article on the subject, Energy Storage: Opportunities, Challenges and Solutions, in February of this year. Last month, Southern California Edison announced the results of its 2013/14 Local Capacity Requirements RFO in which SCE awarded over 260 MW of new energy storage contracts. Additionally, California’s three large investor owned utilities have now issued their energy storage solicitations in connection with California Assembly Bill 2514 for approximately 119 MW of storage projects, and industry participants are keenly focused on those solicitations.
This article is the third in a series of reports by Orrick and Clean Energy Pipeline, which has included the following: