On August 10, 2020, the Federal Energy Regulatory Commission (FERC) in the United States approved proposed Tariff changes from the Midcontinent Independent System Operator (MISO) to accommodate the use and cost recovery of energy storage as a transmission asset (SAT). After years of speculation on viability and several projects that were executed outside of Federal jurisdiction, the industry now has a formal template to deploy energy storage for this valuable and highly anticipated application. While there will always be a place for traditional grid assets, the incorporation in to transmission planning of a resource as flexible and quick to deploy as energy storage will open tremendous possibilities for infrastructure owners and grid operators to continue to move towards a more reliable, resilient, and advanced electric supply system.
Talks are already underway in Canada as to how storage can be leveraged for transmission or distribution purposes. A transmission upgrade deferral project has been proposed in Alberta, and storage as a distribution asset is being contemplated in Ontario.
This workshop will examine some of the following topics:
- How SAT has been deployed successfully across global markets
- The key considerations that went in to the tariff changes that were ultimately approved by FERC
- Additional considerations that must be made for dual-use storage
- Focus on how regulatory processes could be amended in Canada to accommodate such projects and how value can be captured and monetized to create viability for system deployment
December 3, 2020