The emergence of an electric energy storage market

Electricity Journal

Volumn 27, Issue 2, 2014, Pages 6-13

  Hinds, Elliot ^a   Boyer Dry, Jonathan ^a  

^a Akin Gump Hauer Strauss and Feld   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84897054605     PISSN: 10406190     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.tej.2014.01.010     Document Type: Article

References (14)

1. See Frequency Regulation Compensation in the Organized Wholesale Power Markets, 76 Fed. Reg. 67260 (18, 2013) (codified at 18 C.F.R. § 35 (2013)) (summarizing Order No. 755).
2. ERC has approved Order 755 compliance filings for the Midwest Independent System Operator (Jan. 25, 2013), New York Independent System Operator (Jun. 26, 2013), and PJM RTO (May 17, 2013) and granted extensions to the California Independent System Operator (Jun. 1, 2013), ISO New England (Oct. 1, 2014), and the Southwest Power Pool (Mar. 1, 2014).
3. See Third-Party Provision of Ancillary Services; Accounting and Financial Reporting for New Electric Storage Technologies, 78 Fed. Reg. 46178 (Jul. 30, 2013) (codified at 18 C.F.R.§ 35 (2013)) (summarizing Order No. 784).
4. Decision No. 13-10-040, In Re Decision Adopting Energy Storage Procurement Framework, Cal. P.U.C. Docket No. R.10-12-007 (Oct.17, 2013).
5. The authors wish to acknowledge and thank David Burton for his invaluable input in preparing this tax section.
6. 26 U.S.C. § 48. The ITC generally declines to 10 percent after 2016.
7. 26 U.S.C. §§ 45(d)(1), 48(a)(5)(C).
8. I.R.S. Notice 2013-60, § 3.02.
9. 26 U.S.C. § 6110(k)(3).
10. Priv. Ltr. Rul. 201142005 (Oct. 21,2011).
11. 26 I.R.C. § 50.
12. 26 U.S.C. § 50(a)(1).
13. Priv. Ltr. Rul. 201308005 (Feb. 22,2013).
14. See Treas. Reg. § 1.49(d)(6)("allocable to its use of solar or wind energy").