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FERC rejects New England transmission ownersâ request to stay the effect of a previously approved order, potentially paving the way for increased competition in the regionâs energy market. â MERIDIAN
The New World Grid's State of the Grid report highlights a significant development: FERC's rejection of transmission owners' request to stay the effect of a previous order. This decision underscores the imperative for grid resilience and reliability in the face of unprecedented energy storage additions. The US grid has seen an equivalent addition of 20 nuclear reactors in battery storage capacity over the past four years, underscoring concerns around outages, transmission bottlenecks, and cyber risk.
In this context, it is crucial to acknowledge the heightened importance of reserve margins and the gridâs ability to absorb physical or political shocks. The recent surge in energy storage does not alleviate these concerns; rather, it emphasizes the need for proactive measures to ensure reliability.
- Why it matters: FERC's rejection highlights the urgent need for grid resilience amid rapid energy storage growth.
- The big picture: This development underscores systemic vulnerabilities and potential risks of widespread power outages or disruptions.
- What to watch: Monitor transmission bottlenecks and cyber risk as the grid adapts to increased energy storage capacity.
