Resources: NRRI

  • NRRI Briefing Paper: Envisioning State Regulatory Roles in the Provision of Energy Storage

    Posted: June 24, 2014 - 19:00 / NRRI / White Papers

    Electricity storage is a growing component of the utility grid. A mix of old and new storage technologies can provide value to the utility grid, and more storage is becoming cost-effective as emerging technologies improve and their cost declines. The Federal Energy Regulatory Commission (FERC) is already taking actions to enable storage technologies to participate and be compensated in wholesale power markets, and many states are already starting to deploy storage, at least in demonstration and pilot programs. The U.S. Department of Energy (DOE) presently identifies nearly 200 electricity storage demonstration projects underway in the U.S. Hundreds more are being planned and developed now, and over 2GW of requests for proposals (RFPs) are in the works, for procuring utility-scale storage to be installed over the next five years.