Entries in energy storage (18)

Wednesday
May292019

PAC hosts lively day exploring grid transformation

On May 23, the ISO New England Planning Advisory Committee (PAC) hosted a special day of presentations and discussions focused on the ongoing transition to an electric grid powered by renewable and distributed energy resources.

Welcoming a full house of state officials, policy and regulatory stakeholders, and market participants, ISO Vice President of Planning, Stephen Rourke, opened the meeting with a brief overview about the region’s evolving grid. He explained that the ISO is actively taking renewable, storage, and distributed resources into account through its planning, operations, and markets processes, and that the region will need better forecasts, flexible resources, and transmission improvements to plan and operate the system.

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Monday
Apr222019

Earth Day 2019: A capacity market first

Every year, ISO New England fields requests from new resources seeking to enter the Forward Capacity Market. And every year, ISO analysts research those resources to ensure they’ll be able to provide the region with the capacity they’re promising three years in the future. But what happens when a resource is actually 5,000 individual power systems spread out across four New England states?

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Thursday
Feb282019

Now online: Presentation and recording of Continuous Storage Facility Participation webinar

The presentation and recording of the February 21, 2019, Continuous Storage Facility Participation webinar are now available on the ISO website. This webinar provides information on how eligible electric storage can participate in New England markets as continuous storage facilities following the April 1, 2019, implementation of the Energy Storage Device (ESD) Project. An overview of the continuous storage facility (CSF) option, asset registration, managing CSF assets, and bids and offers in eMarket, and settlement impacts is discussed. Email the training team with questions at MkTraining@iso-ne.com.

Tuesday
Feb262019

FERC accepts energy storage tariff revisions; changes become effective April 1

The Federal Energy Regulatory Commission (FERC) has accepted ISO New England’s revisions to Market Rule 1 that codify a new design that enables batteries and other emerging storage technologies to more fully participate in the New England wholesale electricity markets. The revisions allow emerging storage technologies to be dispatched in the Real-Time Energy Market in a manner that more fully recognizes their ability to transition continuously and rapidly between a charging state and a discharging state and provides a means for their simultaneous participation in the energy, reserves, and regulation markets.

Changes become effective April 1, 2019. Market participants can view the Energy Storage Device (ESD) Project Customer Readiness Page to the learn more about actions they need to take and changes to existing systems or procedures related to this project.

Still pending before the Commission is a separate filing the ISO submitted in December that demonstrates full compliance with FERC Order No. 841 on electric storage participation in markets.

Wednesday
Feb202019

Annual media briefing focuses on state of region's electric grid in 2019

ISO New England President and CEO Gordon van Welie updated reporters on the state of the region’s power system during a media briefing on February 20, 2019. New England’s power system is operating from a strong foundation, but vulnerabilities still exist. ISO New England is facing increasing complexities in operating the grid with a shifting resource mix, and in maintaining markets that are truly competitive while accommodating public policy goals. The briefing explored these issues, while providing more information on how New England’s power system is faring, what the ISO sees on the horizon, and preparations for the future grid. Also included is an appendix with facts and figures about the power system, including 2018 data.

Watch the briefing, or view van Welie’s presentation and remarks from the event.

Monday
Oct292018

Customer Readiness webpage now available on Energy Storage Device Project; market rule changes filed with FERC

ISO New England, joined by the New England Power Pool (NEPOOL), has submitted to the Federal Energy Regulatory Commission (FERC) revisions to Market Rule 1 to codify a new design that enables batteries and other emerging storage technologies to more fully participate in the New England wholesale electricity markets. The revisions allow emerging storage technologies to be dispatched in the Real-Time Energy Market in a manner that more fully recognizes their ability to transition continuously and rapidly between a charging state and a discharging state and provides a means for their simultaneous participation in the energy, reserves, and regulation markets. The ISO and NEPOOL filed the changes on October 10 and have requested FERC respond by December 10 so that the changes can become effective on April 1, 2019.

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