New England energy storage advocates say FERC ruling is a setback for industry

Energy News Network: A decision by federal regulators to throw out a rule that has helped emerging technologies gain a foothold on New England’s electric grid will put the region’s energy storage industry in jeopardy, according to advocates.

The Federal Energy Regulatory Commission last week ordered New England’s grid operator to end a rule that has allowed new bidders in its capacity market to lock in their prices for up to seven years.

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