Capturing More Value from Distributed Resource Combinations
Much has been written about the value of solar photovoltaic (PV) generation, but PV systems are limited in the services and value streams they can provide. When PV is combined with other distributed energy resources, however, new opportunities for synergy arise. These opportunities can make the total value of combining PV with another distributed resource — including energy storage, electric vehicles, demand response, or energy efficiency — greater than the sum of the values of each component alone.
In a webinar on Sept. 10, John Shenot and Dr. Carl Linvill looked more in depth at the types of value streams that combinations of distributed energy resources can create and discussed how best to compensate the owners of these resources. They highlighted use cases that demonstrate why customers might consider pairing resources such as solar and storage, and provided a roadmap for capturing more of the full value of these pairings.