The Federal Energy Regulatory Commission (FERC) recently ruled that the Midcontinent ISO (MISO) would have to reform its tariffs to make it easier for energy storage to compete in markets that it is technically capable of competing in.
This ruling is part of FERC’s response to a complaint filed by Indianapolis Power and Light against what it believed to be a tariff structure discriminatory against energy storage. The ruling is part of a greater push by FERC to open up wholesale markets to energy storage. Last November, FERC released a Notice of Proposed Rulemaking (NOPR) that would address concerns that certain ISO/RTO rules prevent the full participation of storage resources. Thus this recent ruling by FERC to get MISO to allow storage participation seems to fall in line with the broader goals that FERC seems to have for energy storage. Read more about the ruling on MISO here.
Read more about the ruling on MISO here.