North America
July 21, 2020
Power & Utilities | Energy Storage
Visual Primer Series
EnerKnol’s Visual Primer – Court Cements Energy Storage Access to Wholesale Markets, Expands Opportunities for Growth
As more storage resources bring multiple value streams to regional markets, increased competition could push down wholesale rates.
In a major victory for the energy storage industry, a federal court affirmed that battery installations connected to the distribution grid must have the opportunity to access wholesale power markets. The move comes as federal regulators are examining the growing interest in hybrid resources, with battery technology seen as an important tool in integrating other resources to the grid. The affirmation bodes well for expanding wholesale market access to distributed energy resources.
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