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2022-02-23
Recent developments of governments around the world on new energy markets and energy storage markets
Brazil unveils new rules for distributed generation and net metering
The Brazilian government has unveiled a new regulatory framework for distributed projects, including all renewable energy projects up to 5 MW that can operate under a net metering regime. Currently, this segment accounts for more than 8.4 GW of the 13 GW of grid-connected solar capacity installed in Brazil. The new rules will introduce a new net metering regime from 2023, meaning PV systems installed this year will not be subject to the new rules. The National Energy Policy Council (CNPE) and energy regulator ANEEL will now have 18 months to develop guidelines, costs and benefits for distributed generation to be implemented after the transition period. According to CNPE, the Brazilian rules based on CNPE guidelines and Aneel's calculations after the transition period will have a positive impact on the continued growth of distributed generation systems in Brazil. Furthermore, according to the agency, the lower pay level of net metered tariffs may only shorten the payback period for residential PV systems by six months.
Massachusetts expands solar target
The Massachusetts Department of Public Utilities (DPU) has expanded the Massachusetts solar target from 1.6GW to 3.2GW. It will allow more than 175 MW of solar projects to move forward. According to the Solar Energy Industries Association (SEIA), the order will take effect on January 14, 2022.
New York Distributed Photovoltaic Roadmap
The New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (DPS) have submitted a comprehensive roadmap to expand the state's successful NY Sun program into the broadest and most cost-effective solar power in the United States one of the projects. As mandated by the state's Climate Leadership and Community Protection Act (Climate Act), 70 percent of the state's electricity will come from renewable sources by 2030. The scheme is expected to cost about $1.47 billion and will be billed to electricity billers at a cost of $0.00082 per kilowatt-hour over 11 years from 2022 to 2032. According to NYSERDA, the state has installed or officially installed 6GW of solar generation capacity in the pipeline as part of the first phase of the energy purchase plan. The remaining 4GW of new capacity is expected to be built using approximately $4.4 billion in additional private investment. NYSERDA and DPS plan to implement multiple strategies to deploy 10 GW of distributed solar capacity targets, such as projects below 5 MW, rooftop installations and community solar projects, as part of the state's transition to a clean energy economy.
Germany pushes to meet renewable energy climate targets
Germany's new coalition government has pledged to unleash solar capacity by introducing a solar acceleration scheme, aiming to install 20 GW of capacity per year to reach the 200 GW solar target by 2030, including opening land for ground-mounted solar installations, raising tenders Limiting and mandating the use of rooftop solar in new commercial and private buildings, etc., strive to remove barriers and promote the rapid development of photovoltaic installations.
Romanian government reinstates bilateral power purchase agreement and increases net metering cap to 400kW
The Romanian government has recently made a series of amendments to the country’s energy laws, creating more favorable conditions for the distributed generation segment of solar and the utility-scale segment of the market. The PPA ban was removed from the Energy Act and a decision was also made to increase the generator capacity limit under the net metering regime from 100 kW to 400 kW. In addition, by 2030, projects with a capacity of less than 200kW will be given a 1:1 quantitative compensation. Romania is also planning to hold the country's first tender for utility-scale renewable energy projects in the first half of this year.
SES Power continues to pay attention to the relevant policies of various governments on new energy and energy storage system products, because in a few years, if there is no government policy support, the cost performance of new energy and energy storage systems will not be the best choice for the market. From a commercial point of view, traditional energy solutions may have more price advantages, especially now that the price of raw materials for lithium batteries and lithium iron phosphate batteries has risen sharply, which greatly affects the final cost of the energy storage system. But for traditional energy sources such as lead-acid batteries, the possibility of price declines is already extremely low. From a long enough time axis, the cost of lithium batteries has been showing a steady downward trend, which is why SES Power has launched lithium iron phosphate batteries that can perfectly replace lead-acid batteries, 12V 7Ah, 12V100Ah to 12V 400ah, 24V 50Ah To 24V 200Ah, 36V 50Ah to 36V150Ah, 48V50Ah to 48V100Ah, these systems are very suitable for small and medium-sized off-grid energy storage systems.