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  • schedule 90 minutes

Energy Storage Market Participation in RTO/ISO Markets Following FERC Order Nos. 841 and 841-A

Application of FERC Order Nos. 841 and 841-A for Energy Storage Participation in Regional Wholesale Markets

$297.00

This course is $0 with these passes:

CLE
ALL
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Description

In 2018, FERC issued Order No. 841 to expand the use of battery storage, flywheel, and other energy storage resources' (ESR) participation in regional wholesale markets. FERC determined that "better integration of ESR into the regional transmission organizations and independent system operators [RTO/ISO] markets is necessary to enhance competition and, in turn, help to ensure these markets produce just and reasonable rates."

On May 16, 2019, in response to several challenges to crucial aspects of the FERC rule on energy storage and requests for rehearing to modify such rule, FERC issued Order No. 841-A, denying those requests for rehearing. This Order, which upheld the initial rule without allowing a state "opt-out" option, provides additional guidance and clarification on key provisions of the rule.

The rule requires RTOs/ISOs to create participation models through a stakeholder process to ensure compensation for characteristics and attributes that energy storage provides but for which it is not compensated. Energy counsel must understand critical challenges relating to project eligibility, storage structure, and asset rights for energy storage participation in RTO/ISO markets.

Listen as our authoritative panel examines FERC Order Nos. 841 and 841-A, their definitions, and framework. The panel will discuss what the rule means for the energy industry, project eligibility, asset rights, and other essential information.

Presented By

Andrew O. Kaplan
Partner
Pierce Atwood LLP

Mr. Kaplan focuses his practice on providers of energy storage, demand response, ancillary services, and electricity and gas transmission and supply, both in the wholesale and retail markets. He regularly represents clients before the Federal Energy Regulatory Commission (FERC) and Independent System Operators/Regional Transmission Operators (NYISO, ISO-NE, PJM, Midcontinent ISO, California ISO, SPP and ERCOT), and many state public utility commissions. Andrew has won significant rulings before FERC that helped to pave the way for growth among leaders in the energy storage industry.

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Seth Lucia
Of Counsel
Morrison Foerster
Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Tuesday, October 15, 2019

  • schedule

    1:00 PM E.T.

  1. FERC Order Nos. 841 and 841-A rule and framework

  2. Understanding FERC's definition of "storage resources"

  3. Overview of market participation models and RTO/ISO compliance filings

  4. Energy storage structure, requirements, and challenges

    1. Project eligibility

    2. Storage asset rights and obligations

  5. Unresolved questions on the FERC rulemaking and best practices for counsel

The panel will review these and other key issues:

  • How does FERC define storage resources, and what does that mean?
  • What design changes and potential opportunities will unfold for utilities, storage developers, and investors?
  • What are the critical challenges in energy storage structure, project eligibility, and storage asset rights?
  • What impact will the rule have on the further development of resources and/or existing (or new) potential fleets?