April 23, 2020

Policy Summary: The Virginia Clean Economy Act

The Virginia Clean Economy Act, enacted April 2020, includes a 3,100 MW energy storage target by 2035, making Virginia’s storage target the largest in the nation. Key provisions include:

  • A requirement that utilities procure 3,100 MW of new energy storage by 2035;
  • At least 35% of storage MW must be procured from third parties;
  • A notional goal of behind-the-meter storage to meet 10% of the storage target; and
  • Direction to the state’s utility regulators to implement interim targets, programmatic support, and planning reforms germane to the energy storage target.

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