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Exploring Opportunities for Energy Parks

In progress

Join the National Academies Forum on Energy Systems Transformation and Decarbonization for a 2-part webinar series that will explore potential benefits of energy parks and challenges to their deployment, providing guidance to government, industry, and the public on critical issues surrounding energy park development.

Description

Energy Parks (EPs) are an emerging approach to designing integrated hubs that co-locate generation, storage, and large-scale load (e.g. data centers, advanced manufacturing) at one point of interconnection to the electric grid. If deployed successfully, EPs could advance consumer affordability, cost-effective solutions for reliably meeting growing electricity demand, and ensure U.S. leadership in innovative energy and industrial technologies. Realizing their potential will require overcoming challenges such as complex permitting and siting procedures, long interconnection queues, unclear regulations for their interconnection to the electric grid and participation in wholesale markets, and underdeveloped financing strategies.

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