Energy Storage Takes Over the Universe
The Federal Energy Regulatory Commission (FERC) recently issued an important new rule, Order 841, that requires regions to remove barriers to energy storage participation in wholesale energy markets. The rule demonstrates FERC's commitment to allowing all resources capable of providing grid services to participate in wholesale markets. FERC did not include breaking down barriers to aggregations of distributed energy resources, but has committed to further inquiry about whether it should - also encouraging. A Brattle Group analysis suggest that the rule itself will unlock 7,000 MW of storage potential, while creating a platform that could contribute to achieving 50,000 MW of storage on the U.S. system.
With grid geeks to talk about the rule and its implications are Jeff Dennis, counsel to Advanced Energy Economy, and Kiran Kumaraswamy, manager at Fluence, a joint venture between AES and Siemens, both of whom were intimately involved in the rule's development.
From this episode -