Electric utility integrated resource planning; energy storage resources.
Virginia law now requires electric utilities to evaluate and incorporate energy storage resources into their long-term integrated resource planning and regulatory filings.
Virginia law now requires electric utilities to evaluate and incorporate energy storage resources into their long-term integrated resource planning and regulatory filings.
HB 893 modifies Virginia's electric utility integrated resource planning requirements to mandate consideration and inclusion of energy storage resources in utility planning processes. The bill appears to require utilities to evaluate battery storage, thermal storage, and other energy storage technologies as part of their long-term resource portfolios submitted to state regulators.
Energy storage is increasingly critical for grid reliability as Virginia transitions toward renewable energy sources that produce power intermittently. By requiring utilities to formally evaluate storage options, the bill could lower electricity costs, improve grid stability, and accelerate adoption of renewable energy by addressing the mismatch between when solar and wind generate power and when consumers need it.
Compiled from official sources — confirm details with the bill’s official record.
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