Overview
Energy Storage News quoted Jennifer Key in a September 16 article titled "Open Season: The Next Steps for Energy Storage." The article assesses the major successes and ongoing challenges for the energy storage sector. According to the article, stationary energy storage systems are on the edge of profitability in many market segments today. Yet markets that reward the benefits of energy storage are drastically underdeveloped. Many in the United States are looking to the bipartisan ruling FERC Order 841 from the Federal Energy Regulatory Commission, which instructs regional grid operators to open up wholesale markets to the participation of energy storage and is intended to be a game changer for the industry.
Key says there have been "somewhat surprising legal challenges...from both the state and public power and even parts of the utility industry dealing with jurisdictional fights over storage, between FERC and the states." She argues that when FERC Order 841 does come to pass, it really will be a game changer partly because "it is compelling the organized markets in the US to develop and make sure that their systems whether it's their software, or their market systems, have a place for energy storage which compensates."
The full article can be read at Energy Storage News.
