Nate Owen, CEO of Ampion, discusses managing distributed generation projects and the role of his company. They explore challenges and growth in community solar, innovative methods for attracting subscribers, and the future of integration with utilities.
Regulatory uncertainty and interconnection issues have been significant challenges for community solar and distributed generation projects.
New York, California, Illinois, New Jersey, and Maryland offer promising markets for the development of renewable energy assets.
Deep dives
Role of Ampeon in Managing Distributed Generation Projects
Ampeon is responsible for managing the revenue of renewable energy projects in compliance with utility regulations and market rules. They work with asset owners and developers to ensure revenue is collected and investment returns are achieved over the lifetime of the assets. They specialize in community solar projects, power purchase agreements, and virtual net metering.
Challenges Faced by the Industry
The regulatory uncertainty surrounding community solar and distributed generation projects has been a significant challenge. The lack of clarity and decision-making on important legislation, like the IRS guidance, has affected the industry's growth. Additionally, interconnection issues, particularly with utilities, have been a recurring problem. Despite these challenges, there is a growing interest in distributed generation, especially from large corporate entities.
Promising Markets and Exciting Opportunities
Ampeon sees promising markets in New York, California, Illinois, New Jersey, and Maryland. These states have favorable programs and regulations that support the development of renewable energy assets. New York's VEDER stack and battery systems show great potential, while California offers opportunities in the community renewables program. Ampeon also highlights the increasing interest from corporate entities, recognizing the value and benefits of community solar contracts.
Nate Owen, founder and CEO of Ampion, joins Todd Alexander to talk about what Ampion does and the role it plays in managing distributed generation projects. They also discuss the growth of community solar, what challenges community solar still faces, what innovations to expect, and more.
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