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Private, State, and Federal Funding and Financing Options to Enable Resilient, Affordable, and Clean Microgrids

Private, State, and Federal Funding and Financing Options to Enable Resilient, Affordable, and Clean Microgrids

Full Title: Private, State, and Federal Funding and Financing Options to Enable Resilient, Affordable, and Clean Microgrids
Author(s): Sam Cramer, Kirsten Verclas, Kiera Zitelman
Publisher(s): National Association of State Energy Officials (NASEO), National Association of Regulatory Utility Commissioners (NARUC)
Publication Date: January 13, 2021
Full Text: Download Resource
Description (excerpt):

In fall 2019, the National Association of Regulatory Utility Commissioners (NARUC) and the National Association of State Energy Officials (NASEO) initiated a joint Microgrids State Working Group (MSWG), funded by the U.S. Department of Energy (DOE) Office of Electricity (OE). The MSWG aimed to bring together NARUC and NASEO members to explore the capabilities, costs, and benefits of microgrids; discuss barriers to microgrid development; and develop strategies to plan, finance, and deploy microgrids to improve resilience. Based on member input, the MSWG developed two companion briefing papers to answer key questions about microgrids: (1) User Objectives and Design Approaches for Microgrids: Options for Delivering Reliability and Resilience, Clean Energy, Energy Savings, and Other Priorities and (2) Private Sector, State, and Federal Funding and Financing Options to Enable Resilient, Affordable, and Clean Microgrids. Read together, these resources provide readers with an understanding of both why and how customers—whether an investor-owned, cooperative, or municipal utility; federal, state, or local government entity; individual or group of residential, commercial, and/or industrial customers; or other organization—select, design, and pay for microgrid projects.

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