Battery Electric Storage
Responding to stakeholder pushback, CAISO has extended the timeline of its initiative refining bid cost recovery provisions for storage resources to allow for more discussion.
A major multiday energy storage project in central Maine intended to ease congestion is moving forward thanks to $147 million in federal funding.
Just as PJM negotiated provisions for data centers, they must do the same for battery storage. PJM’s next Order 2023 compliance filing is the time to make this change, says the Union of Concerned Scientists' Mike Jacobs.
Home energy management company Renew Home has released a position paper arguing that VPPs can quickly be stood up to help meet growing demand.
FERC approved two enforcement orders requiring several battery storage operators to pay more than $1 million in fines and remit nearly $1.9 million back to CAISO.
NYISO presented its draft recommendations for the demand curve reset, including the choice of a two-hour battery electric storage system resource as the proxy unit in calculations.
A new CAISO proposal seeks to address unwarranted BCR payments to storage resources, an issue that has stirred controversy over the last month.
FERC accepted CAISO’s proposal to allow for storage resources to bid above the ISO’s $1,000/MWh soft offer cap in the real-time market to account for their intraday opportunity costs.
As ISO-NE undertakes major capacity market accreditation reforms, New England storage developers are voicing concerns that potential flaws in the RTO’s modeling methodology could discourage new investments in storage resources.
NYISO analysts continue to recommend a two-hour battery electric storage system resource as the proxy unit for the ISO’s capacity market demand curve.
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