Brattle experts developed a comprehensive roadmap for near-term wholesale market reforms needed to better integrate and enable grid operators to maximize the benefits of energy storage resources for a storage industry working group. The roadmap included recommendations for (1) developing day-ahead uncertainty products; (2) creating intrahour ramp/uncertainty products; (3) improving energy storage capacity value accreditation and reliability modeling; (4) enabling opportunity cost bidding for storage; and (5) addressing transmission reliability needs after resource retirement through competitive evaluation of a broad set of solutions, including storage. A particular focus was on implementing reform efforts in PJM, NYISO, and MISO to fully unlock the reliability and flexibility value of modern storage resources.

Practices

Energy Storage