How to Make FERC 2222 Work for Microgrids
by Lisa Cohn, Microgrid Knowledge
FERC 2222 presents promise — but also challenges — for the US microgrid industry, according to energy policy experts who spoke this week at Microgrid 2020 Global, a virtual onference that attracted more than 4,300 people.
The federal order, expected to pave the way for aggregated distributed energy resources (DERs) to compete with traditional power plants in wholesale markets, was frequently referenced by speakers throughout the three day event, signaling its significance to microgrids. The order aims to eliminate the barriers that prevent DERs from competing on a level playing field in organized markets.
During the panel, “The Future of Microgrid Markets,” speakers said they’re cautiously optimistic about the potential effects of FERC Order 2222.
“I think it was a prudent thing for FERC to do, but now we also have to see what happens at the state level. And finally, I would say there are all the operational issues,” said Norman Bay, a former FERC commissioner and head of the energy regulatory group at Willkie Farr & Gallagher.
He asked how the industry will ensure that the Regional Transmission Organizations (RTOs) have enough visibility into what’s happening at...Continue reading on Microgrid Knowledge.
100% right Elisa... FERC 2222 is a nudge in the right direction. It's up to "us" to ensure market rules and communications technology standards develop accordingly enabling best value for customers and investors. As DR and storage continue to mature, I'm excited by the talent leaning into the grid evolution... we will continue to increase grid reliability and customer resiliency... and continue nudging toward sustainability! :)