The Federal Energy Regulatory Commission (FERC) said its recently released final rule on electric storage participation will “enhance competition and promote greater efficiency in the nation’s electric wholesale markets,” nawindpower.com reports. The FERC “voted to remove barriers to the participation of electric storage resources in the capacity, energy and ancillary services markets operated by regional transmission organizations (RTOs) and independent system operators (ISOs),” according to the article. The commission noted in a November 2016 Notice of Proposed Rulemaking that “market rules designed for traditional generation resources can create barriers to entry for emerging technologies such as electric storage resources.” The final rule helps to remove those barriers by requiring each RTO “to revise its tariff to establish a participation model for electric storage resources that consist of market rules that properly recognize the physical and operational characteristics of electric storage resources.” For more, read the full article.
FERC votes to remove barriers to “participation of electric storage resources” by RTOs
