Opinion: Storage As a Transmission Asset (SATA) is almost always a utility stuffing the ratebase with something that makes no sense and will never pay for itself unless they can turn around and use the ratebased asset to play the wholesale energy markets. Very few exceptions.
Exceptions:
1. Presidio TX (a decade ago)
2. Punkin Center
3. Can't think of even a third in a concept that's been around for over a decade. Are there any other good ones?
1. Presidio TX (a decade ago)
2. Punkin Center
3. Can't think of even a third in a concept that's been around for over a decade. Are there any other good ones?
PUCs and FERC should be *extremely* wary of these proposals. They're rarely good for ratepayers, and it drives me nuts that because they're "storage" they are treated like they're a good idea until proven otherwise.