Regulation
| DESCRIPTION | LINKS | COUNCIL ACTION |
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FERC Pay for Performance NOPR FERC’s Notice of Proposed Rulemaking (NOPR) on “Pay for Performance” attempts to reduce unnecessary barriers to the participation of all resource types in the wholesale ancillary services markets by requiring regional RTOs and ISOs to compensate based on performance, rather than technology type. |
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The ESA applauds FERC for its pro-active approach to ensure that markets are just and reasonable for new fast-ramping storage resources and supports the NOPR. |
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FERC PJM Docket - Regulation Market Clearing Price In June 2010, FERC began considering the need to have a uniform Regulation Market Clearing Price (“RMCP”) inclusive of opportunity cost after PJM submitted its proposal to calculate a RMCP every five minutes during real-time dispatch to incorporate the marginal unit’s opportunity cost. |
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As this is a critical issue for the development of advanced storage technologies in the PJM region, the ESA is urging FERC to issue its decision approving PJM’s proposal pertaining to the calculation of a uniform RMCP. |
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FERC Notice of Inquiry for Ancillary Services FERC is seeking comment on ways to develop robust competitive markets for ancillary services and other energy storage technologies. FERC is seeking both general comments, and more specific comments on how electricity storage should be compensated for the full range of services it provides under the Federal Power Act. |
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ESA commends FERC for its proactive approach to ensure that ancillary services markets are open to competition from storage resources and result in just and reasonable rates for the services provided. |