NEM 3.0 is part of California’s effort to compensate distributed renewables in line with their dynamic value to the power system, as that value is understood by the California Public Utilities Commission (CPUC). It is a fundamental departure and overall drastic reduction from solar compensation under earlier NEM iterations. And while it undoubtedly complicates new distributed solar projects, it offers outsized rewards to developers who leverage the tools and solutions needed in a NEM 3.0 world. Using Stem’s Athena software, our team analyzed four commercial project scenarios for solar + storage sites in California, to see the full impact on project returns.
In this webinar, we’ll provide an in-depth look at how NEM 3.0 changes the landscape for new solar + storage projects in California – and how battery storage and AI-driven software are key to maximizing project ROI going forward. Our agenda will cover: