By: Sarah Kozal
“The Federal Energy Regulatory Commission’s (FERC’s) recent Order 841, “Electric Storage Participation in Markets Operated by Regional Transmission Organizations [RTOs] and Independent System Operators [ISOs]” (the “Order”), has the potential to create major new opportunities for storage resources in the RTO/ISO markets.
The Order requires RTOs and ISOs to create new market rules to allow for the participation of storage resources and sets forth minimal requirements that each RTO/ISO must meet when proposing market rules, while leaving some flexibility in implementation.”
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