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10) Barriers for ESS & Potential Solutions, Legends Capital letters:…

- - - - Regulations to support long-term goals to decreasing costs
    - - Continue funding R&D projects of ESS to reduce costs
        Research target should be efficiency to achieve lowest costs
- - - - Collaboration among utilities
    - - Consider nearby prices
    - - Transparency in prices and compensation mechanism
  - - - Payment for performance scheme should be adopted
    - - Ancillary services should receive synchronous reserve offer price plus the lost opportunity cost for the marginal unit
    - - ESS compensation based on the marginal cost of generation
  - - - Allow existing markets to choose the least expensive technology
    - - Transparency in prices and compensation mechanism
      - Modification of the compensation system in the non-ISO/RTO market regions
    - - Develop markets for ancillary services
- - - - Involving third party developers to the energy storage services
    - - Being in a long-term power purchase agreement which integrating energy storage system with renewable sources
    - - Special incentives for reducing the risk of investing in energy storage system
- - - - Educate the investors and consumer about ESS potential and its benefits
    - - Mandate the manufacturers to promote their product and identify real deployment scenarios, and presenting this work to the investors
  - - - Modelling tools developers should study and evaluate the real deployment of ESS
    - - The modelling tools should be continuously updated and improved
    - - Utilities and developers should work together in improving the modelling capabilities
    - - Coordination among all stakeholders, utilities, regulators, consulting etc
- - - - Simplifying and modifying the regulations
    - - Oversight market agents
    - - Better coordination among entities
    - - Increased communication requirement
  - - - Provide transparent and clear in regulation
      - Allow bridging across generation and loading services
    - - Provide market access to all the resources
  - - - Dedicating additional resources
      - Prioritize the pending regulations
    - - Reduce process delays