Statement from Kelly Speakes-Backman, CEO of the Energy Storage Association, regarding the Federal Energy Regulatory Commission (FERC) formal action on the Department of Energy’s (DOE) proposed rulemaking on grid resiliency pricing:
The actions taken yesterday are an encouraging sign that FERC is serious about ensuring resilience of the bulk power system. By building a robust record of fact from the system operating bodies responsible for reliability and resilience, and by taking the important first step of defining both, FERC is rightly assuring that any actions taken will be holistic and effective.
As the eastern ISOs’ successful responses to last week’s winter storms has shown, flexibility is critical to resilience—to ensure uninterrupted power is delivered to consumers whenever and wherever they need it. ESA looks forward to working with FERC, DOE, and other stakeholders to ensure that the flexibility of energy storage can be measured, valued, and compensated effectively to meet the resilience needs of our electric system.