No orders in the energy storage industry

How many states have energy storage policies?

Around 15 states have adopted some form of energy storage policy, including procurement targets, regulatory adaption, demonstration programs, financial incentives, and/or consumer protections. Several states have also required that utility resource plans include energy storage.

Does FERC have jurisdiction over energy storage?

Friday’s court opinion ( PDF) declared that FERC has jurisdiction over how energy storage interacts with the interstate transmission markets it regulates, even if those systems are interconnected to the grid under regulations set by the states.

What does order 841 mean for energy storage developers & aggregators?

Wood Mackenzie predicts that Order 841 will open up new opportunities for energy storage developers and aggregators that have primarily relied on state-by-state energy storage mandates and market opportunities to date.

What is the future of energy storage?

Renewable penetration and state policies supporting energy storage growth Grid-scale storage continues to dominate the US market, with ERCOT and CAISO making up nearly half of all grid-scale installations over the next five years.

Do energy storage resources qualify as transmission assets?

Energy storage resources that provide services such as voltage support or absorption of excess power may be able to qualify as transmission assets, which, critically, allows for the system’s costs to be recovered through FERC-approved rates.

How will new electric storage reforms improve market efficiency?

Moreover, the Commission believes the new reforms will improve market efficiency by enabling RTOs/ISOs to dispatch electric storage resources in accordance with the highest-value service they are capable of providing at that time, thereby better reflecting the value of storage as a marginal resource.