Storage

US utility Con Edison and infrastructure company GI Energy have selected a software developed by Smarter Grid Solutions for the control of a 1MW/IMWh battery energy storage project. Con Edison and GI Energy have plans to deploy three more 1MW/1MWh lithium-ion batteries across New York as part of their pilot project. The two will use...
Storage

Midcontinent Independent System Operator (MISO) Board expects to approve a first interregional Market Efficiency Project (MEP) at its June 2020 meeting. Pennsylvania-New Jersey-Maryland Interconnection (PJM) Board already approved this project last December. This market efficiency project is a first for both MISO and PJM from a joint and common market perspective. MISO’s Transmission Expansion Plan...
Storage

With the majority of the country’s workforce at home and most businesses and industries either operating at reduced capacity or temporarily shut down, COVID-19 has reduced electric demand across the board. This unprecedented drop in electricity consumption is reshaping the way the power system operates and forcing grid operators to revise forecasts and expectations for...
Storage

NYISO’s dual market participation model allows both retail and wholesale market participation. To encourage DER participation towards meeting N.Y. clean energy mandates, the Department of Public Service (DPS) approved compensation for the Value of Distributed Energy Resources “VDER” at wholesale LMPs. To participate in NYISO’s capacity and ancillary services markets, VDERs must follow three steps....
Storage

New York Independent System Operator (NYISO) received FERC approval for its dual participation model. Dual participation refers to resources that participate in both wholesale and retail markets. This model has positive benefits for distributed energy resources, including aggregated energy storage. NYISO’s model leverages existing bid rules within energy, capacity and ancillary services market structures. Grid...