1 / 6

State of Demand Response

State of Demand Response. Stu Bresler Vice President- Market Operations PJM Interconnection 10 th OPSI Annual Meeting October 13, 2014. A Potential Bridge to the Future. Proposed path toward market clarity and confidence. Fog of market uncertainty.

nash-richards
Download Presentation

State of Demand Response

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. State of Demand Response Stu Bresler Vice President- Market Operations PJM Interconnection 10th OPSI Annual Meeting October 13, 2014

  2. A Potential Bridge to the Future Proposed path toward market clarity and confidence Fog of market uncertainty

  3. www.pjm.com Demand Response: PJM’s Proposal vs Today

  4. Integration of Demand Response Bids with RPM Demand Curve Shown based on existing PJM VRR Curve. PJM has proposed an alternative demand curve as part of its triennial review process.

  5. Transition Mechanism Summary PJM would: • Determine demand resource commitments which are load-serving-entity-based and can be directly converted to demand response curtailment commitments • Work with curtailment service providers, states and load-serving entities to explore how demand resource commitments may transition to load-serving entity-based curtailment commitments • Establish procedures to release demand resources that cannot be converted from capacity commitment • no capacity credit for released commitment • no curtailment obligation in delivery year • Account for released demand resources in remaining incremental auctions for three transition delivery years • if necessary, purchase additional capacity to replace released demand resources • load-serving-entity-based demand response eligible to bid into incremental auctions • Preserve terms of curtailment commitment in energy market for each type of demand resource (limited, extended summer and annual) during the transition.

More Related