More consistency, more savings
Solar, Storage and Wind
Cooperative utilities are responsible for meeting a continually growing demand for energy. Managing costs has become challenging with load growth, peak demand periods, aging power plants and intermittent production of renewable energy. Solar and battery energy storage solutions can reduce costs, meet load growth, replace retiring conventional power plants, build in resiliency and provide reliable clean energy.
The cost of solar energy and battery energy storage has dropped by nearly 90% over the last decade and is now cost competitive with conventional wholesale generation in most places. More than 100 GW of new U.S. solar and 28 GW of new U.S. battery energy storage is expected to be deployed by 2025. NRTC helps distribution cooperatives and G&Ts access the data, analysis, construction, finance, operations, training and support they need to successfully deploy cost-effective solar and battery energy storage systems from 1 MW to 150 MW+ in their territory.
Since 2016, NRTC has partnered with Engie North America, a leading global renewable energy IPP. Engie’s highly experienced North America team has completed more than 400 solar and storage installations across 24 states, financed 250+ installations across 4 funds representing over $420 million. They have designed, deployed and operated solar and energy storage systems ranging from 1 MW to over 150 MW. Together NRTC and Engie have installed dozens of solar and energy storage systems across the country, helping cooperatives save millions of dollars on their energy and demand costs and move closer to achieving local and renewable energy targets.
Suwannee Valley Begins AMI Project
RTC and Itron representatives gathered last week in the offices of Suwannee Valley Electric Cooperative, Live Oak, FL, to kick off a major advanced metering infrastructure (AMI) project. The multi-year deployment will eventually link about 28,500 electric meters, including more than 27,000 rural residences.