FERC's March 30 Order Accepts NYISO Proposal
FERC's March 30 order<https://elibrary.ferc.gov/eLibrary/filedownload?fileid=15749175> accepted the New York Independent System Operator's (NYISO) Co-Located Storage Resource (CSR) proposal to allow energy storage resources (ESRs) to be paired with renewable resources and allow them to "participate in the NYISO-administered markets," according to energy-focused authors Katherine O'Konski and Miles Kiger<https://www.jdsupra.com/legalnews/ferc-accepts-nyiso-co-located-storage-7257755/>. Included in this order, FERC approved several revisions to rules and processes surrounding participation guidelines, market power mitigation measures, and so on. With the goal of bettering the performance of "renewable and fossil generation, energy storage resources, and demand response resources," the filing made by NYISO suggests that this order will be the first of many proposals involving renewable resources. Adapt2 Solutions is here to help your organization stay up-to-date with the latest market news.