TYNGSBORO, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, has hired Judith Judson as Director of Regulatory and Market Affairs. Ms. Judson brings significant experience in electric utility regulation, market development and policymaking, and business management. She is expected to play a lead role in facilitating Beacon’s commercial deployment of frequency regulation services in both the United States and overseas markets.“We’re very pleased to have Judith join us at this pivotal juncture as we expand our efforts to optimize interconnection opportunities on the grid and accelerate commercial roll-out,” said Bill Capp, Beacon president and CEO. “Her high level of credibility and proven record of accomplishment in utility regulation, including complex market rules and interconnection processes, make her ideally suited to guide Beacon through the electric power industry landscape. Judith’s skills are especially relevant to Beacon given the recent implementation of new rules by the Federal Energy Regulatory Commission, in particular FERC Order No. 890.”
FERC Order No. 890 Ensures Greater Competitiveness and Grid Access
In February 2007, the Federal Energy Regulatory Commission (FERC) issued a landmark ruling, known as Order No. 890, which seeks to promote greater competition in electricity markets and strengthen the reliability of the grid. In particular, one provision of FERC Order No. 890 mandated that so-called “non-generation” resources, which include Beacon’s flywheel technology, be allowed to participate in ancillary services regulation markets on a completely non-discriminatory basis.
Read More
