Home Tag "FERC"

Acciona Supersizes Solar and Storage Efforts With Big US Acquisition

“Zero to 60” investment: Spanish developer buys a 4-gigawatt solar and storage project pipeline. Spanish renewables developer Acciona has acquired 3 gigawatts of solar and 1 gigawatt of storage projects currently under development in the U.S. by Nebraska-based Tenaska. The deal announced Monday will see Acciona aiming to complete eight solar projects totaling around 1,200 […]

FERC Upholds Electric Storage Order

FERC on Thursday rejected multiple requests to reconsider its landmark electric storage order, prompting a partial dissent from Commissioner Bernard McNamee over requests to allow states to opt out (RM16-23-001, AD16-20-001, Order No. 841-A). The majority rejected requests that it allow relevant electric retail regulatory authorities (RERRAs) the ability to opt out of its storage […]

How Market Rules Are Holding Back Energy Storage

Wholesale market rules are organized around legacy assets, which is restricting storage from selling all of its potential services. Energy storage is surging. The U.S. Energy Storage Monitor Q4 2018 estimates that installations totaled 338 megawatts in 2018, and will grow to 3.9 gigawatts by 2023, much of it front-of-the-meter utility-scale projects. This exponential growth has been […]