Energy Storage @ PNNL—Energy Storage as a Transmission and Dual-Use Asset
Jeremy Twitchell discusses energy storage as a transmission and dual-use asset
Thursday, December 1, 2022, 11 a.m. PT
Jeremy Twitchell discusses energy storage as a transmission and dual-use asset
The Federal Energy Regulatory Commission (FERC) issued a policy statement in 2017 supporting the deployment of energy storage for the dual uses of regulated transmission service and competitive market service. By allowing this usage model, FERC reasoned, revenue earned through market operations when the storage asset isn’t needed for transmission could be shared with customers and system costs could be reduced. But this approach represents a significant change in electric grid operations, which historically have separated transmission and generation functions into distinct siloes, and efforts by regional market operators to implement the policy statement have been, so far, unsuccessful. In this presentation, we will discuss a recent Pacific Northwest National Laboratory report that identifies a participation framework for dual-use energy storage assets. |
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