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Energy Storage as a Wholesale Market Participant:
Rules, Barriers, and Opportunities

Background

The electric grid is rapidly evolving, and the independent system operator (ISO) requires more flexibility than ever to keep up with the changes. One particularly flexible resource for managing power flows is energy storage. However, in order to take full advantage of the benefits of energy storage, policy and market designs must adapt to capture all the value that energy storage and other flexibility technologies can provide to the grid.

Market leaders will present on the best approaches to appropriately value and engage energy storage resources, as well as the design and implementation of new participation models. 

Outline

  • FERC Order 841 for Energy Storage- Background, updates, expectations
  • Market participation models for energy storage
  • Strengths and weaknesses of different ISO approaches to energy storage

CONFIRMED SPEAKERS

  • Michael DeSocio, Senior Manager, Market Design, NYISO
  • Laura Walter, Senior Lead Economist, PJM
  • Christopher Parent, Director, Market Development, ISO-NE
  • Kevin Vannoy, Director, Market Design, MISO
  • Mihir Desu, Manager, Strategen (Moderator)

About the Webinar Series

The Energy Storage Webinar Series is produced by Strategen in partnership with Sandia National Laboratories with funding from the U.S. Department of Energy, Office of Electricity Delivery and Energy Reliability (DOE OE), Energy Storage Program.