Director
Nate Grady

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Nate Grady

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Nate Grady helps lead E3’s transmission practice, a multidisciplinary group combining long-term resource planning and asset valuation toolkits to assess transmission needs, investment opportunities, and associated costs and benefits. Transmission is a critical part of a well-planned power sector; it is vital for ensuring continued grid reliability, facilitating the energy transition, and mitigating cost impacts even as loads grow and old infrastructure requires replacement. Nate enjoys supporting clients in understanding these challenges as well as the benefits transmission solutions could yield, and working with them to right-size investments along the highest priority corridors. Nate’s recent work includes leading an assessment of regional offshore wind market opportunities and grid integration challenges in Atlantic Canada; a study of transmission planning processes, needs, and emerging technologies in Maine; electric sector planning and advisory support for New York in development of the 2025 NY State Energy Plan; and long-term support for Massachusetts on transmission and markets-related topics.

Education: MEM, Yale University; 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.


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