New FERC Proposal Looks to Open Up Markets to Battery Storage

Last month, the Federal Energy Regulatory Commission (FERC) proposed a rule that could transform electricity markets and allow for better integration of electricity storage in the grid. The rule would require system operators to create or adjust market rules to allow for storage to participate in wholesale electricity markets. FERC Commissioner Cheryl A. LaFleur noted “Storage resources have the potential to contribute to the grid in many different ways, furthering reliability, affordability, and the integration of renewables. I believe the proposed rule does a good job of recognizing storage resources’ unique attributes and will better enable storage resources to provide those capabilities to the system.”

It is important to note that the rule is not finalized, and stakeholders have 60 days after the publication of the rule in Federal Register to submit comments.

Read GreenTechMedia’s summary of the rule here.

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