FERC Opens US Wholesale Energy Markets To Battery and Electric Storage Systems

FERC Opens US Wholesale Energy Markets To Battery and Electric Storage Systems

The Federal Energy Regulatory Commission has issued an order allowing the participation of electric storage resources in the capacity, energy, and ancillary services markets operated by regional transmission organizations and independent system operators. FERC’s vote to open US wholesale energy markets to batteries and other … Read more…

Siemens Invests in Peer-to-Peer Energy Marketplace

Siemens Invests in Peer-to-Peer Energy Marketplace

Siemens has invested in LO3 Energy, a Brooklyn-based energy tech company building a platform for local peer-to-peer energy marketplaces. The unspecified investment closed out LO3’s series A funding round, Utility Dive reported. LO3 plans to use the funding to develop technology that allows local energy … Read more…

Seattle Startup LevelTen Raises $6.8 Million To Ease Renewable Energy Purchasing

Seattle Startup LevelTen Raises $6.8 Million To Ease Renewable Energy Purchasing

The Seattle startup LevelTen Energy has raised $6.8 million from investors for a dynamic two-sided marketplace that helps corporations purchase clean power, GeekWire reported. The platform could make it easier for smaller corporations to buy solar, wind, and other kinds of renewable energy. LevelTen Energy, … Read more…

FERC Revises Energy Storage Regulations to Improve Market Competition

FERC Revises Energy Storage Regulations to Improve Market Competition

The Federal Energy Regulatory Commission has issued a final rule (No. 784) revising certain aspects of its current market -based rate regulations covering new electric storage technologies, ancillary services requirements under the pro forma open-access transmission tariff (OATT), and accounting and reporting requirements. Specifically, the … Read more…

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