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Is Long-duration Energy Storage an Electric Industry Game-changer?
The availability of storage is fundamentally changing operation of the electric grid. As it becomes more prevalent, it will also fundamentally change electric markets.
New Distribution Market Structures Needed as DERs Grow
As numbers of Distributed Energy Resources grow, ISOs and distribution utilities are realizing that new distributed markets will be required to manage DER resources. Three potential structures for distributed markets are under discussion.
Capacity Market Auction Results and Rule Changes in PJM
The Pennsylvania Jersey Maryland Interconnect (PJM) completed its 2021/2022 Reliability Pricing Model capacity auction earlier this summer. The capacity auction cleared over 163,600 megawatts of unforced capacity, representing a 22 percent reserve margin — well above PJM’s target of 15.6 percent.