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e ISC agreement structure be adopted for the initial procurement of utility-scale energy storage resources. Given the successful implementation of CfD in Illinois RPS and their ability to provide a balanced approach to risk allocation, as well as the condensed timeline to conclude the initial procuremen
Energy storage procurement contracts must also take into account the ever-evolving suite of laws and regulations applicable to energy storage projects, including as a result of the recent change in administration in the United States.
For our purpose, our definition of “standalone” energy storage resources refers to those systems that:are separately metered by a revenue-quality meter that satisfies the requirements of the RTO; (b) operate independently, without constraints or hindrances from other genera
These contracts allocate the risks of project development, construction, and performance between the parties and include the price that will be paid by the utility for the resource or the energy storage services that are to be provided.
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