Microtech 2011

Overview of Recent Policy Changes in Electricity Markets for grid integration of renewables and energy storage technologies

R. Walawalkar, J. DeRosa, R. Mancini
Customized Energy Solutions, US

Keywords: grid integration, renewable, energy storage, competitive markets, ISO / RTO

Abstract:

With the implementation of renewables portfolio standards (RPS) and national goals both in India as well as US for renewable growth, a number of grid operators are anticipating scenarios with greater than 10% of renewable electricity, principally wind, as part of the supply mix. Due to the variability of wind, the electrical systems operators are concerned with how the influx of new wind generation will change the reliability and operations of the electric grid. This presentation will provide an overview of opportunities presented for various renewable and energy storage technologies in the US Electricity Markets through capture of multiple value streams including energy arbitrage, ancillary services, demand response and capacity revenues.
 

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