Double rules for assessing energy storage
Double rules for assessing energy storage
6 FAQs about [Double rules for assessing energy storage]
Do multi-use applications complicate the assessment of energy storage's resource-adequacy contribution?
Abstract: Due to complexity in determining its state of energy (SOE), multi-use applications complicate the assessment of energy storage's resource-adequacy contribution. SOE impacts resource-adequacy assessment because energy storage must have stored energy available to mitigate a loss of load.
Does the Department need a regulatory and legislative framework for energy storage?
As an emerging technology, the Department recognizes the need for a regulatory and legislative framework for energy storage. Such a framework should be developed through a thorough policy analysis process to ensure an appropriate level of consideration.
Does energy storage provide frequency regulation?
This paper develops a three-step process to assess the resource-adequacy contribution of energy storage that provides frequency regulation. First, we use discretized stochastic dynamic optimization to derive decision policies that tradeoff between different energy-storage applications.
How does SOE affect resource-adequacy assessment?
SOE impacts resource-adequacy assessment because energy storage must have stored energy available to mitigate a loss of load. This paper develops a three-step process to assess the resource-adequacy contribution of energy storage that provides frequency regulation.
Are energy storage facilities charged double charges?
It has been identified that in the Consolidated Version 2.2.0 of the Electricity Market Rules no reference is made regarding double charges or disproportionate licensing requirements and fees of active customers that own energy storage facilities.
Is energy storage a licensable activity?
The Consolidated Version 2.2.0 of the Electricity Market Rules recognizes that there is a need for a regulatory and legislative framework for energy storage, which should be based on an appropriate level of policy consideration. Therefore, the Consolidated Version 2.2.0 of the Electricity Market Rules makes energy storage a licensable activity.
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