How does energy law promote the development of decentralized energy systems?

Energy law promotes the development of decentralized energy systems by creating policies that incentivize and facilitate the growth of renewable energy. These policies include regulations such as net metering, feed-in tariffs, and renewable portfolio standards. Net metering involves allowing customers to purchase electricity from renewable energy sources at the same rate as from the utility, thereby promoting investments in distributed energy systems. Feed-in tariffs provide customers with guaranteed payments for renewable energy that they produce and sell to the grid. Renewable portfolio standards, on the other hand, set goals for a percentage of energy to be generated from renewable sources by a certain date. All these policies help to promote and encourage the growth of decentralized energy systems, such as solar and wind, and to reduce the dependence on traditional power plants. In addition to these policies, energy law also encourages the development of distributed energy storage, which is essential to the successful integration of renewable energy sources and allows for greater decentralized energy access. By implementing these policies, energy law helps to promote the development of decentralized energy systems and creates a more sustainable energy future.

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How does energy law promote the development of decentralized energy systems?

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