ZG Retained to Submit Projects into CAISO’s New Initiative “Storage as a Transmission Asset” or “SAT

ZGlobal was retained to submit projects in the SATA program, this initiative is to enable storage providing cost-based transmission services to also participate in ISO markets and receive market revenues to provide additional ratepayer benefits and provide greater flexibility to the grid. The idea is market-based revenues generated from market-based services can reduce the costs of the asset recovered under a cost-of-service contract. In 2010, ZG proposed this approach for Western Grid Development, LLC filing with FERC1 and eight years later the new concept is underway.