Carmel, Ind.-based regional transmission organization Midcontinent Independent System Operator (MISO) has added electric storage resources to its market portfolio for the first time as it prepares for a larger share of renewables to be added to the grid, according to a (Sept. 6) news release.
The new resource type is expected to support reliability and resilience amid the industry transition in resources. Electric storage resources include batteries, pumped storage facilities and compressed air energy storage.
“We are excited to see this space grow with increasing member interest and participation, particularly as we continue to adapt to the accelerating resource transition,” said Jessica Lucas, MISO’s executive director – system operations.
According to the Federal Energy Regulatory Commission, electric storage resources are “capable of receiving electric energy…