The FERC and the California Rulings: Impact and Potential Implications (EGY487C)

Understand the FERC and the California Rulings and Their Implications for Energy Storage

The Federal Energy Regulatory Commission (FERC) issued the Final Rule on Electric Storage Participation in Regional Markets and California is the first state to issue rules allowing multiple revenue streams for energy storage. Each ruling is separate: the FERC ruling requires grid operators to revise tariffs so that they properly recognize both physical and operational issues related to storage and allow for fuller participation in wholesale markets. The California ruling sets out how storage can create multiple revenue streams. In that sense, it sets a valuable precedent for each of the grid operators in responding to the FERC. There are complex issues related to multiple products energy storage – you must understand these issues.

Join this session by Peter Kelly-Detwiler who will discuss these two key rulings that occurred this winter related to energy storage. This session will highlight and address the relevant issues that have been addressed to date and some of the likely eventual outcomes as the grid operators respond.

You will learn about the complex issues related to multiple products energy storage and what it can offer into the market, the current regulatory environment limiting the participation of storage, and, the likely outcome of the FERC ruling. This will include impacts on both utility-scale as well as on-site storage. You will also understand the impact of the recent California ruling and the potential implications for other markets.

You will leave this session with a solid understanding of the key issues concerning the regulatory conversation surrounding energy storage, the products storage can offer to the market, the technical and market challenges, and why these two recent rulings (FERC and CA PUC) are so important for the industry.

Session Highlights

• What are the key issues related to participation of energy storage in wholesale electricity markets?
• What is the current state of participation of storage assets in electricity markets today and what products can they offer?
• How are these issues different for utility-scale assets compared with those behind the meter?
• What potential implications does the California ruling have for other markets?
• What are the potential implications for developers as well as customers with on-site storage?

Who Should Attend

• Energy professionals
• Employees in the solar and storage industries
• Investment professionals
• Companies considering on-site energy storage
• Utility management and mid-level employees
• Companies in the generation space, including conventional and renewable generators
• Large energy users