Energy Storage Tariff Approved in New York

http://www.renewableenergyworld.com/rea/news/article/2009/05/energy-storage-tariff-approved-in-new-york

Beacon Power Corporation announced that on May 15, the Federal Energy Regulatory Commission (FERC) approved energy storage-based market rules for the New York Independent System Operator (NYISO) power grid. The favorable ruling by FERC is the second such decision in the last five months, following its December 2008 approval of an energy storage-specific tariff for the Midwest ISO.

NYISO is now the first grid operator in the country both to establish FERC-approved energy-storage based market rules and to complete the related technical implementation of software and control systems.

The market rule changes are in response to FERC Order No. 890, which is intended to promote greater competition in electricity markets, strengthen the reliability of the grid, and allow so-called “non-generation” resources (which include Beacon’s flywheel technology), to participate in regulation markets on a non-discriminatory basis.

In its decision to approve NYISO’s tariff, FERC found, “that the proposed tariff revisions to incorporate limited energy storage resources will benefit New York ISO’s markets by providing them with a new source of regulation service with unique operational characteristics that enable very fast responses to regulation needs."

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