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EnergyConnect Proposal for Integrating ISONE Price Response Program into Energy Market

EnergyConnect Proposal for Integrating ISONE Price Response Program into Energy Market. John Stremel, Yanchun Wang, and Ted Conway EnergyConnect, Inc. EnergyConnect Proposal Highlights.

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EnergyConnect Proposal for Integrating ISONE Price Response Program into Energy Market

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  1. EnergyConnect Proposal for Integrating ISONE Price Response Program into Energy Market John Stremel, Yanchun Wang, and Ted Conway EnergyConnect, Inc

  2. EnergyConnect Proposal Highlights • There should be some incentives for demand resource to be in energy market besides bill reduction (from load curtailment). • Introducing Penalty for LSEs who have awards for DA Supply Offers but not performed in RT • Penalty $$$$ will go to LSEs who had awards for DA Supply Offers and performed curtailments in real-time. • Not introducing more complexity • No CBL calculation needed • Not to make settlement too complex

  3. Case 1: Only One LSE awarded • No penalty • No credit • Benefit from saving bill for lowering the usage

  4. Case 2: More than one LSEs awarded (1) • Assumptions: • More than one LSE awarded • All awarded LSEs performed load curtailments • The criteria for determining if performing or not • Load schedule – Real-time Usage > 0 • Results • No penalty • No credit • Benefit from lowering bill (load curtailment)

  5. More than 1 LSEs Awarded (2) • Assumptions: • More than one LSE awarded • Some awarded LSEs performed load curtailments, some others not performed load curtailments • The criteria for determining if LSE performing load curtailment or not • Load schedule – RT Usage > 0 • Curtailed MW = Load schedule – RT Usage

  6. More than 1 LSEs Awarded (2) cont. • Penalty • Total non-performed awarded MW X RTLMP • Credit • LSEs who performed curtailments should get additional credits for load reductions • Distribution Ration (for the i-th LSE) = Curtailed MWs for LSEi / Total Curtailed MWs

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