As rates continue to rise and power availability grows increasingly scarce, long-term energy planning has never been more important. The 5-year load growth forecast has increased by nearly a factor of five, from 23 GW to 128 GW in just two years. Combine these data points with the increased efficiency of renewables, CHP systems, and battery energy storage systems (BESS), and you’ll see the business case for developing on-site energy assets has never been stronger. So where is the tipping point? What key elements can businesses identify to determine if they are a strong fit for generating and storing their own power on-site?
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