Hello and welcome to the Verdant Blog!
We founded Verdant just over eight months ago with a mission to facilitate the transition to a resilient and equitable low carbon future through robust, transparent, actionable, and un-biased analysis. Since then, the Verdant team has been hard at work on some of the biggest and most challenging problems facing the energy sector. Some examples of recently completed work include:
– The Verdant Net Energy Metering (NEM) Lookback Study completed for the California Public Utilities Commission (CPUC) explored the costs and benefits of net metering tariffs and identified potential cost-shift issues.
– The 2019 Self-Generation Incentive Program (SGIP) Energy Storage Impact Evaluation Report quantified the economic and reliability benefits of thousands of behind-the-meter (BTM) battery storage systems interconnected in California.
– Our work on the Solar on Multifamily Affordable Housing (SOMAH) program is helping to uncover the unique challenges associated with Virtual Net Energy Metering (VNEM) and multifamily solar PV.
Over the next weeks and months, the Verdant team will be using this blog to discuss the approaches, methodologies, and key findings from our work. The NEM Lookback Study team will discuss how we developed representative load shapes for all California NEM 2.0 customers, how our open-source cost- effectiveness model works, and how various elements of rate design influence the costs and benefits associated with solar PV generation. The SGIP Evaluation team will illustrate how battery systems are providing resiliency benefits to hundreds of residential customers and explore the opportunities and barriers for biogas as a renewable fuel source in California.
And we are just getting started – Verdant economists, engineers, and data scientists are working to solve the biggest problems of our generation. We plan on using this blog to disseminate findings, lessons learned, and best practices. It is our firm belief that transitioning to a decarbonized future will require collaboration and coordination and this blog is our way to contribute to the body of knowledge.
We look forward to sharing our work with you and hopefully sparking a fruitful, engaging discussion.
Stay tuned!
The Verdant Team.