By Michael Gergen, David Pettit and Christopher Randall The CPUC’s market-shaping decision provides guidance regarding the “stacking” of multiple electricity system services. A new decision from the Public Utilities Commission of the State of California (CPUC) has set the stage for improved economic viability for California’s energy storage industry. The January 17 decision — Decision … Continue Reading
By Michael Gergen, Tyler Brown, David Pettit and Christopher Randall At the most recent meeting of the Board of Directors of the California Independent System Operator (CAISO) held on February 16, 2017, the President and Chief Executive Officer of the CAISO reported that because of the “bountiful hydro conditions expected this year and significant additional … Continue Reading
By Michael Gergen and David E. Pettit On January 19, 2017, the Federal Energy Regulatory Commission (FERC or Commission) issued a new policy statement entitled “Utilization of Electric Storage Resources for Multiple Services When Receiving Cost-Based Rate Recovery” (Storage Policy Statement or Policy Statement), which clarifies that electric storage resources may receive cost-based recovery for … Continue Reading
By Michael J. Gergen, Eli Hopson, and Andrew H. Meyer The California Independent System Operator (“CAISO”) is moving forward with a stakeholder initiative to examine issues with connecting energy storage facilities to the CAISO controlled grid under the CAISO’s existing interconnection rules, and to develop new policies as needed to clarify and facilitate interconnection of energy … Continue Reading
By Michael J. Gergen, Jared W. Johnson, and Andrew H. Meyer The California Independent System Operator (“CAISO”) has taken a significant step toward proposing a new ancillary service known as the “Flexible Ramping Product” as part of its market design. With increasing levels of variable energy resources on the CAISO-controlled grid, maintaining power balance requires … Continue Reading
