North America
January 15, 2019
Power & Utilities | Wholesale Markets
Visual Primer Series
EnerKnol’s Visual Primer – Grid Operators Set to Expand Opportunities for Energy Storage in Wholesale Markets
Federal Support for Storage Will Catalyze State-Level Initiatives
Regional grid operators have filed proposals to comply with the first federal directive for broader participation of the technology in regional wholesale power markets. The California system operator is already compliant with majority of the requirements, with a market design that FERC has cited as an example for integrating storage resources. New York grid operator’s proposal poses limitations, such as lack of dual participation in wholesale and retail markets, amidst the state’s efforts to advance an ambitious 3-gigawatt goal for storage.
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