Video / Recorded Webinar
Webinar: Creating a Level Playing Field for Battery Energy Storage Systems
Utility-scale (front-of-the-meter), battery energy storage systems (BESS) are beginning to transform electricity generation, transmission, and distribution systems in the United States (U.S) and Western Europe. Over the next decade, they will have transformative effects on power markets in developing countries as the costs continue to fall. In 2018, the U.S. federal government required wholesale power markets to allow equitable participation and compensation for battery energy storage. Most developing countries have not yet established regulatory reforms for energy storage and many lack wholesale power markets.
Auctions have proven to be an efficient and effective procurement mechanism for expanding renewable electric power in developed and developing countries. However, auction rules have often not allowing storage to compete with power capacity or generation or receive payments for ancillary services for the grid.
During this fifth event in a series of joint webinars, participants discussed recommendations of the USAID-funded Climate Economic Analysis for Development, Investment, and Resilience (CEADIR) Activity's report on ways to create a level playing field for energy storage in policies, regulations, and electricity auctions in developing countries.