1. A New Evaluation Paradigm for Flexible Resources

    A New Evaluation Paradigm for Flexible Resources

    Important policy guidance was issued late last year that could impact the country’s investor-owned utilities, and it largely flew under the radar. The National Association of Regulatory Utility Commissioners (NARUC), the organizing and policy setting association for the country’s public utility commissions, issued a resolution document that sets the stage for what represents prudent assessment of energy storage and flexible resources. In the resolution, NARUC weighed in on the unique attributes of energy storage, stating that it represents a “fundamentally a different class of resource.” Accordingly, NARUC argued, utilities should develop “new modeling tools and new planning frameworks that allow for a more complete evaluation of flexible resources, such as energy storage."

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