Policy Enhancements for the Participation of Battery and Other Energy Storage Systems in the Electricity Market
Introducing enhancements in the treatment in the energy market of battery and other energy storage systems (ESS) is geared towards maintaining the benefits of integrating renewable energy resources in the spot market, which include reduced market prices and an ample level of energy supply.
The policy recommendations include protocols for ESS to contribute in ensuring the grid’s security and addressing the intermittency of variable renewable energy resources, and mechanisms that facilitate the effective monitoring of ESS compliance to the market rules.