Storage 101: ISO and RTO Markets

July 24, 2019 - 14:00 EDT

Please join us Wednesday, July 24 from 2:00-3:00pm EST to discuss the role of the grid’s system operators and wholesale electricity markets in energy storage deployment and operation. Sign up here!

In the latest edition of our Storage 101 webinar series, the Energy Storage Association will host a discussion of key issues relating to how Independent System Operators (ISOs) and Regional Transmission Operators (RTOs) incorporate energy storage into their electricity markets and operations. We often tout the many benefits that energy storage systems can provide for the electricity grid, but without market structures to compensate storage operators for those services, many of these capabilities are unlikely to be built into systems or deployed when needed to benefit grid operations. However if markets put a value on such services, and allow storage to compete on a level playing field with traditional generation resources, then more benefits of energy storage systems can be realized. So how storage is treated by the grid operators and their wholesale markets is of critical importance to the future of the sector and how the grid can benefit from storage’s capabilities.

The Federal Energy Regulatory Commission’s (FERC) Order 841, issued in February 2018, has directed the ISOs and RTOs to remove barriers to energy storage’s participation in wholesale electricity markets. We have begun to see how that will play out and the promise for the sector and operation of the grid that greater market access will bring.

This webinar will provide an introduction to the role of ISOs’ and RTOs’ markets and how changing regulations could broaden opportunities for energy storage to play an important part in the reliable, clean, and cost-effective operation of the U.S. grid.

In this webinar, participants will learn:

  • How ISOs and RTOs work, which a focus on their relevance to energy storage and how storage has – and could – play a part in markets,
  • How approaches to energy storage market design have varied regionally, and
  • What ISOs and RTOs – and their regulator, FERC – have done in the past to enable market participation by energy storage, and what Order 841 will do to expand opportunities.

Speakers:

  • Mike Berlinski, Director of Emerging Technologies, Customized Energy Solutions
  • Paul Luukkonen, Consultant, Emerging Technologies, Customized Energy Solutions
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