September 18, 2020
Statement from ESA CEO Kelly Speakes-Backman on FERC Order 2222 Opening Wholesale Market Participation to DER Aggregations
“Today is another landmark day for competition and innovation in the power sector. FERC’s Order 2222 removes regulatory barriers to aggregation of distributed resources in wholesale electricity markets, and is the next step forward for energy storage and other distributed energy resources. Energy storage is increasingly located on local electric grids, in households and businesses, and is often integrated with distributed generation and controllable loads. Enabling these flexible resources to participate together as ‘virtual power plants’ in wholesale markets is a victory for enhancing grid reliability, enabling a more resilient grid, and lowering costs for consumers.”
