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US Energy Storage Market Reform Roadmap: Key Upgrades for PJM, MISO & NYISO to Unlock Grid Flexibility

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US Energy Storage Market Reform Roadmap: Key Upgrades for PJM, MISO & NYISO to Unlock Grid Flexibility

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The American Clean Power Association (ACP) released its Battery Energy Storage Market Reform Roadmap, advocating critical upgrades for US grid operators to integrate storage effectively. Highlighting ERCOT and CAISO successes—where storage saved Texans $700M in summer 2024 and mitigated California outages—the roadmap targets outdated rules in PJM, MISO, and NYISO.

Key Reforms:

  • PJM: Introduce "opportunity cost bidding" and "slope products" to align storage economics with real-time grid needs, boosting reliability and market efficiency.

  • MISO: Revise LOLE/DLOL modeling to better reflect storage’s reliability value, supporting states like Michigan (2.5GW by 2030) and Illinois (15GW targets).

  • NYISO: Adopt "Day-Ahead Uncertainty" and "Slope + Uncertainty" products to manage volatility, with reserve pricing reforms to reflect system value during scarcity.

With US storage deployment surging 25x since 2019 (29GW online today), modernized rules are critical to sustain growth and grid resilience.


Pub Time : 2025-05-07 10:30:10 >> News list
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