See linked press release below.
Standards development related to battery storage and distributed energy resources is intended to support the industry’s response to FERC Order Nos. 841 and 2222 and will focus on the information and reporting requirements of qualified entities participating in the wholesale market, while the effort related to renewable natural gas will look to expand upon the adoption of the NAESB Base Contract for Purchase and Sale of Natural Gas in the wholesale gas market.
Michael Desselle, Chairman of the NAESB Board of Directors, stated that “NAESB has always been a forward-looking organization with a mission to support regulatory decisions and industry initiatives through the development of business practice standards that facilitate fair and cost-effective market implementation. With the Commission’s goal of empowering new technologies and encouraging competition in the wholesale electric market through FERC Order No. 2222, and the industry’s focus on the sustainable production of our nation’s natural gas, these two standards development activities are timely and well suited for action by NAESB.”
As with all NAESB efforts, participation in the standards development activities is open to all interested parties and strongly encouraged.
I hope you will join me in the Wholesale Electric Quadrant, Business Practices Subcommittee kickoff meeting scheduled for 2/25 to start this standards development initiative for FERC Order 2222 DER integration within wholesale markets.