In addition to advancing the dialogue on the multiple roles that energy storage systems will play on the grid, FERC's announcement also recognizes the importance of distributed energy storage in wholesale markets. The Commission is seeking input on how distributed and customer-sited storage systems are able to provide local benefits while simultaneously providing competitive wholesale market services, which is currently possible to a limited degree in California.
"Enabling energy storage to provide both retail and wholesale services unlocks enormous grid efficiency and savings to consumers," said Jason Burwen, Policy and Advocacy Director. "Businesses and households are already using storage to manage their electricity use and save money. Were FERC to direct market operators to let those storage units provide larger grid services as well, not only would it increase the value of storage resources, but it would also give consumers a tremendous role in integrating more clean and distributed energy resources onto the grid."
FERC is demonstrating exemplary leadership in convening industry experts for this Technical Conference in November. The Energy Storage Association and its members look forward to engaging on this important topic and working with FERC so that energy storage systems can open a pathway to a more flexible, efficient, and resilient electric system.
About Energy Storage Association
The Energy Storage Association (ESA) is the trade association for the energy storage industry and the leading voice for companies that develop and deploy the energy storage technologies we rely on every day. ESA's mission is to promote, develop and commercialize competitive and reliable energy storage systems for use by electricity suppliers and their customers. With more than 180 member organizations, ESA members represent a diverse group of entities, including electric utilities, energy service companies, independent power producers, technology developers deploying advanced batteries, flywheels, compressed air energy storage, thermal storage, pumped hydropower, supercapacitors, and component suppliers, such as power conversion systems.
More information is available at: www.energystorage.org
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SOURCE Energy Storage Association