July 25, 2019
Storage 101: ISO and RTO Markets
In the latest of our Storage 101 webinar series, ESA hosted a discussion of Independent System Operators’ (ISOs) and Regional Transmission Operators’ (RTOs) incorporation of energy storage into electricity markets and operations.
Without market structures to compensate storage operators for the many beneficial services storage can provide, these capabilities are unlikely to be built into systems or deployed to benefit grid operations. If markets value such services and allow storage to compete on a level playing field with traditional generation, more benefits can be realized. So how storage is treated by grid operators and their wholesale markets is of critical importance to the future of the sector and how storage can benefit the grid.
This presentation introduced the role of ISOs’ and RTOs’ markets and how changing regulations could broaden opportunities for energy storage to support reliable, clean, and cost-effective operation of the US grid.
Watch this webinar recording and learn:
- How ISOs and RTOs work, 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, the Federal Energy Regulatory Commission – have done in the past to enable market participation by energy storage, and
- What Order 841 will do to expand opportunities.
- Mike Berlinski, Director of Emerging Technologies, Customized Energy Solutions
- Paul Luukkonen, Consultant, Emerging Technologies, Customized Energy Solutions