October 17, 2019

CEO Kelly Speakes-Backman’s Statement on FERC’s Decision on PJM Filing to Order 841

“FERC’s decision that PJM must place rules regarding the capacity qualification of energy storage resources in its tariff is a tremendous step in fully removing barriers to energy storage in wholesale markets,” said ESA CEO Kelly Speakes-Backman. “Further, ESA is pleased to see FERC open a new proceeding on PJM’s proposed 10-hour duration requirement for qualifying energy storage capacity – which ESA has consistently stated is unjust and unreasonable. If consumers are to benefit from the cost savings storage can bring, grid operators must appropriately value that contribution, as intended by Order 841. We commend the leadership of Chairman Chatterjee and the entire Commission for defending market competition and clearing regulatory hurdles for energy storage.”

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