What Energy Storage Developers Need to Know About FERC Requirements
Developers of storage projects seeking to sell the output into US wholesale markets need to be fully acquainted with federal government requirements explain Bill Derasmo and Russell Kooistra of law firm Troutman Pepper.
The US is experiencing explosive growth in the energy storage sector due to the policy goals of decarbonization and the concomitant growth in intermittent renewable resources (i.e., wind and solar). The Federal Energy Regulatory Commission's (FERC) Order No. 841 directed the nation's regional market operators (RTOs and ISOs) to develop market rules to accommodate storage resources, and the RTOs and ISOs have done so.