Senior Managing Consultant
Nate Grady

Featured Image

Nate Grady

he / him / his

As a consultant in E3’s resource planning and asset valuation practice areas, Nate supports clients through both long-term capacity expansion analyses and immediate due diligence investigations, with an overarching focus on the intersection between electric-sector policy drivers and energy market trends.

Nate came to E3 after completing his Master of Environmental Management degree at Yale University, with a focus on clean energy economics, finance, and policy analysis. Prior to graduate school, Nate worked for Meister Consultants Group, where he worked primarily on strategic electrification initiatives.

Nate finds great satisfaction in thinking through the technical, economic, and political interactions of energy projects, and identifying least-cost options for achieving carbon reduction goals. He is especially interested in transmission planning and resource siting, as well as market evolution and the interactions among emerging technologies.

In his free time, Nate loves to hike, cook, paint, and play board games. He also enjoys building furniture, canoes, and other things out of wood.

Education: MEM, Yale University, and BA, environmental policy and economics, Lawrence University

Projects

Energy Storage Market Update and Long Duration Storage Study | Massachusetts Clean Energy Center, 2023

In collaboration with the Massachusetts Clean Energy Center (MassCEC) and Department of Energy Resources (DOER), E3 conducted a study that assesses the current state of energy storage in the Commonwealth, the market outlook for emerging mid- and long-duration storage (LDES) technologies, and potential applications of mid- and long-duration storage, all in the context of providing benefits to ratepayers and achieving the state’s ambitious decarbonization goals.

The study included several modeling and stakeholder engagement elements. Leveraging E3’s pro forma financial model of storage technology costs and a custom-built storage dispatch model, the project team analyzed several storage use cases to help the state understand impacts of current incentive programs. Assessment of future storage value involved loss-of-load probability modeling of the entire ISO-NE footprint using E3’s RECAP model. E3 engaged stakeholders throughout the study process through interviews with more than 50 key stakeholders and two public stakeholder workshops. In the study, E3 shows that the role of energy storage changes to suit grid needs, but that storage requires well-designed state support to encourage deployment and innovation that targets these needs. In addition to writing a report providing study findings, the team worked with DOER to translate findings into policy recommendations for the state.

Read the detailed project description.


FULL E3 TEAM

E3