October 16, 2018
ESA, NY-BEST, and Industry Letter to NYISO CEO Brad Jones Seeks More Thorough Review of Storage Capacity Value
ESA, NY-BEST, and other industry members yesterday sent a letter to NYISO CEO Brad Jones requesting immediate and further consideration on the capacity value of energy storage resources. The letter is a response to a study, Valuing Capacity for Resources with Energy Limitations, and resulting NYISO capacity market design proposals discussed at the October 9-10 stakeholder meetings, where NYISO also indicated its intention to finalize recommendations on a short timeline. Given the significant proposed changes to capacity market participation of storage premised on the study, letter signatories ask NYISO to separate this capacity market study and proposed changes from consideration in the Distributed Energy Resource (DER), Special Case Resource (SCR), Energy Storage Resource (ESR), or Intermittent Resource market design efforts under the DER Roadmap, Order 841 Compliance, or any other related effort.
ESA, NY-BEST, and industry members believe a more thorough review of the capacity value study is warranted before discussing significant capacity market changes that will change the business case for energy storage in New York, particularly in light of the state’s Energy Storage Roadmap and forthcoming deployment target.