Friday, November 30, 2018

FERC Rules re Wholesale Market Participation by Batteries Move to Final Stages

Monday

Dec. 3

FERC Energy Storage Market Access Deadline

The Federal Energy Regulatory Commission is due to receive proposals from regional grid operators revising market rules to create participation models for energy storage. The federal regulator wants to enable storage to provide capacity, energy, and ancillary services and to ensure that the batteries can set the market clearing price as both a seller and a buyer. ISO New England Inc. recently filled revisions with the commission for a new market design which would recognize the ability of batteries to transition continuously and rapidly from a charging to a discharge state, and also allow them to simultaneously take part in the energy, reserves and regulation markets. Currently, 19 megawatts of battery storage facilities are participating in the New England market and over 800 megawatts of stand-alone proposals were on the grid operator's interconnection queue as of Sept. 1


Monty Bannerman
ArcStar Energy
Tel: +1 646-402-5076
www.arcstarenergy.com

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