FERC Proposes to Integrate Electricity Storage into Organized Markets
The Federal Energy Regulatory Commission (FERC) proposed November 17, 2016 to more effectively integrate electric storage resources into organized wholesale markets to enhance competition and help ensure that these markets produce just and reasonable rates. The deadline to comment om the Notice of Proposed Rulemaking has been extended to February 13, 2017.
Today’s proposal stems from concerns that electric storage resources may face barriers that limit them from participating in organized wholesale electric markets. In April 2016, FERC staff issued Data Requests to the six Regional Transmission Organizations and Independent System Operators, and a Request for Comments to the public, seeking information on the rules that affect the participation of electric storage resources in the organized wholesale electric markets and potential barriers to the participation of electric storage resources in those markets. The responses provided the basis for the reforms proposed today.
The Notice of Proposed Rulemaking (NOPR) would require each Regional Transmission Organization and Independent System Operator to revise its tariff.... READ THE NEWS RELEASE