The split ruling may have broader implications for FERC’s stance toward state-sponsored resources. By Michael J. Gergen, Tyler Brown, and Peter R. Viola The Federal Energy Regulatory Commission (FERC) has approved ISO New England Inc.’s (ISO-NE’s) two-stage capacity market proposal, Competitive Auctions with Sponsored Policy Resources (CASPR), by a 3-2 vote, with Chairman Kevin McIntyre … Continue Reading
Federal Energy Regulatory Commission’s much-anticipated new rule will enhance the participation of electric storage resources in the organized wholesale electricity markets. By Michael Gergen, David E. Pettit, and Peter Viola Nearly a year and a half after issuing its original proposal, the Federal Energy Regulatory Commission (FERC or Commission) has unanimously adopted its final rule—Order … Continue Reading
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
