The Regulatory Challenge of Energy Storage
Wednesday, March 10, 2010, 9AM-12PM, Palo Alto
Energy storage is a critical component of any next-generation power grid. Despite increased levels of funding in recent quarters, viable cost-competitive storage remains one of the holy grails of the energy world. Regulation will play a major role in determining the rate of energy storage market development. In this seminar we will look at the current state of the energy storage regulatory environment as well as at the regulatory changes necessary to spur energy storage market development.
9:00am Reception and continental breakfast
9:20am Welcome and introduction
9:30am Panel discussion begins
1. Beginnings of a Favorable Regulatory Environment:
- Energy storage tax incentives in bill S. 1091
- California’s AB 2514
- Entry into frequency regulation market in some ISO regions
- Renewable Portfolio Standards
2. Transmission, Generation, Distribution?
- Review of FERC’s Western Grid Development LLC decision
- CAISO’s response
- Role of ISOs and RTOs
- FERC’s case-by-case classification
3. Gaps in the Regulatory Environment
- Pricing Policies/Business Models
- Load-shifting vs. power-oriented storage
- Ownership Restrictions
- Key Valuation Drivers
- Storage Portfolio Standard?
- Regional market design
11:00am End of panel discussion: Q&A from the audience
11:30am Networking
12:00pm End of Seminar
Panelists:
David MacMillan, MegaWatt Storage Farms
Robert Pedraza, Altair Nanotechnologies
Praveen Kathpal, AES Corporation
Aloke Gupta, California Public Utility Commission
David Hawkins, California Independent System Operator
Donald Schultz, California Energy Commission