Utility Dive detailed New York's new standby and buyback rate methodologies, quoting AEE's Danny Waggoner on the benefits for energy storage. Read snippets below and the full article here.
The New York Public Service Commission on March 16 issued an order adopting a new cost allocation methodology for standby and buyback service rates that advanced energy solutions providers say will improve the value proposition for distributed energy resources like electric vehicles, storage and demand management...