Does energy storage need a regulatory framework?

Currently, no jurisdiction provides a comprehensive regulatory framework for energy storage. Instead, most jurisdictions define storage as 'generation' for licensing and other regulatory purposes.

How are energy storage services classified?

As in the case of EASE, services are classified from generation to retailing segments. Figure 10.7. Classification of electric grid energy storage services. Authors' own elaboration based on data provided by Akhil, A.A., et al., 2015. DOE/EPRI Electricity Storage Handbook in Collaboration with NRECA. Sandia Report. Sandia National Laboratories.

Can energy storage provide a large set of Energy Services?

With regard to market design, energy storage is allowed to provide a large set of energy services, according to relatively recent modifications of Californian power market. Currently, energy storage may be used for Daily, weekly, and seasonal arbitrage.

Should energy storage be regulated?

A robust regulatory framework would reflect storage’s unique ability to act as generation and consumption and remove the need to pay end-user electricity consumption charges. The vast majority of countries do not have a specific subsidy regime.

How is energy storage currently defined?

Our review demonstrates that no jurisdiction currently provides a comprehensive regulatory framework for energy storage, with the majority of jurisdictions currently allowing storage to be defined as “generation” for the purposes of licensing and other regulatory requirements.

Does energy storage industry need a policy guidance?

Sungrow Power Supply Co., Ltd.: energy storage industry needs the policy guidance urgently. Machinery & Electronics Business; 2015-6-22: A06. Policy and innovation are key factors for the development of energy storage technology. China Electric Power News; 2016-4-28: 008. Lin Boqiang.