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edie: Tech giants rally behind U.S. energy storage market

Posted by edie Newsroom on Feb 20, 2017

Edie quoted AEE's Arvin Ganesan in an article about corporations choosing advanced energy -- particularly energy storage. From the article: 

The Advanced Energy Economy (AEE) seeks to impact policy decisions to influence energy concerns. Its members, which also includes General Electric, Veolia, Siemens and a host of renewable energy companies have penned a joint statement to the FERC over the integration of energy storage into selected US electricity markets.

The FERC issued a Notice of Proposed Rulemaking (NOPR) for the energy storage market in November last year, after external campaigning form organisations such as AEE. Under the rulemaking, companies and organisations were invited to submit comments about expanding the market, which were due last week.

“We are entering a new era where advanced energy technologies can compete based on lower costs and increased reliability but are not allowed to do so because of market rules that were designed with incumbent technologies in mind,” AEE’s vice president of federal affairs Arvin Ganesan said.

“This rulemaking can remove some of the market barriers these technologies face, allowing advanced energy businesses to provide reliable energy at lower cost.”

Read the full article here

Topics: AEE In The News