The national business group Advanced Energy Economy (AEE) applauds the Federal Energy Regulatory Commission (FERC) unanimous vote finalizing a rulemaking on energy storage and providing a process. This includes an April 10 technical conference, which allows for aggregated distributed energy resources (DERs) to compete in wholesale markets.
Malcolm Woolf, senior vice president for policy at AEE said: “Through today’s order, FERC has taken a significant step toward removing barriers that keep advanced energy technologies from competing in wholesale electricity markets on the basis of their ability to improve the reliability, resilience, and affordability of our energy system. Energy storage can help reduce costs to consumers and ensure that the lights stay on.
Aggregated Distributed Energy Resources (DERs) are combinations of distributed energy technologies (such as solar photovoltaics, energy storage, demand response, or electric vehicles) that are aggregated together for the purposes of participating in wholesale energy, capacity, or ancillary services markets.
“We firmly believe that aggregated DERs deserve the same opportunity to compete on the basis of price and performance, and look forward to engaging in a formal process to ensure barriers are removed for these critical energy resources as well,” added Woolf.
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