Description

Table of contents

Executive Summary (2)

New regulations and initiatives discussed this month (5)

Americas (5)

United States (5)

Europe (5)

France (5)

United Kingdom (5)

Oceania (6)

Australia (6)

Projects updates and announcements (7)

Overview of the 2019 market for utility-scale energy storage projects (7)

Projects announced or contracted this month (7)

Projects commissioned this month (10)

Tenders this month (11)

Focus of the month: FERC Order 841 and the rise of merchant revenues for energy storage in the USA (13)

Energy storage in the United States of America – current status (13)

PV-plus-storage schemes and the ITC (15)

Utilities interest in energy storage (16)

The future market changes due to FERC Order 841 and RTOs responses (17)

Order 841: context and RTO responses/implementation (17)

An illustration of the opportunities created by the implementation of Order 841 (29)

Appendices (31)

Table of Figures

Figure 1: Frequency trace on the UK event on 9 August 2019 (6)

Figure 2: Utility-scale energy storage projects announced and commissioned in 2018 and 2019 (7)

Figure 3. Map of deployed large-scale energy storage volumes in the USA to date (14)

Figure 4. Map of forecasted volumes of large-scale energy storage in the USA based on project developer communications (14)

Figure 5. Main applications for large-scale energy storage in the USA (15)

Figure 6. Recent mandates, targets, and efforts to develop energy storage in the United States (16)

Figure 7. Overview of the compliance of each RTO with FERC Order 841 (18)

Figure 8. Asset types of a continuous storage facility (19)

Figure 9. Role of Continuous Storage Facilities in New England's Wholesale Market (19)

Figure 10. Energy storage participation model and resource types proposed by ISO-NE (20)

Figure 11. Charging Energy characteristics based on system final use (22)

Figure 12. Energy storage participation model proposed by PJM (22)

Figure 13. Energy storage participation models proposed by CAISO (24)

Figure 14. Energy storage participation model proposed by NYISO (26)

Figure 15. Energy storage participation model proposed by SPP (27)

Figure 16. Energy storage participation model proposed by MISO (29)

Figure 17: Discounted costs and revenues of a 10 MW / 20 MWh (useable) stand-alone battery storage system deployed on the ISO-NE network  (30)

Figure 18. FERC Order 841 Docket Reference per RTO (31)

Figure 19. Regional Transmission Organizations (31)