Posted by: Windfair Editors
FERC Removes Barriers for Elecetrical Storage Market
Official Press Release FERC:
FERC Issues Final Rule on Electric Storage Participation in Regional Markets
The Federal Energy Regulatory Commission (FERC) today voted to remove barriers to the participation of electric storage resources in the capacity, energy and ancillary services markets operated by Regional Transmission Organizations and Independent System Operators.
This order will enhance competition and promote greater efficiency in the nation’s electric wholesale markets, and will help support the resilience of the bulk power system. In a November 2016 Notice of Proposed Rulemaking (NOPR), the Commission noted that market rules designed for traditional generation resources can create barriers to entry for emerging technologies such as electric storage resources. Today’s final rule helps remove these barriers by requiring each regional grid operator to... ... More: Official Press Release FERC
