140 likes | 159 Views
Learn about participation in the PJM Wholesale Power Markets, including demand response, economic dispatch, and comprehensive energy plans for increased returns.
E N D
DER Participation in the PJM Wholesale Power MarketsMid-Atlantic Renewable Energy Association Susan Covino Senior Consultant, Emerging Markets March 31, 2015
PJM as Part of the Eastern Interconnection KEY STATISTICS Member companies 900+ Millions of people served 61 Peak load in megawatts 165,492 MWs of generating capacity 183,604 Miles of transmission lines 62,556 2013 GWh of annual energy 791,089 Generation sources 1,376 Square miles of territory 243,417 States served 13 + DC 21% of U.S. GDP produced in PJM As of 4/1/2014
PJM's PrioritiesReliability, Market Operations and Regional Planning
Current Demand Response Participation • DR Capacity – 2017/2018 Delivery Year = 10,975 MW • Typical Economic Energy DR in market = ~50 MW • DR Synchronous reserve capability ~ 320 MW, typical amount in market ~65 MW • DR Regulation capability ~ 10 MW, typical amount in market ~ 3 MW www.pjm.com
Who Offers Demand Response into PJM’s Markets Today? Curtailment Service Providers Specialize in DR/EE services and do not supply the energy needs of their customers Competitive Retail Suppliers Some retail suppliers provide DR/EE services to their customers • Retail Choice States • Utility DR/EE programs offered to SOS/BGS/POLR customers • Utility DR/EE programs offered to any customers • Vertically Integrated States • Utility DR/EE programs offered to the utilities customers Utilities www.pjm.com
Registered Demand Response by State Delivery Year 2014/15 • LSE category = DR offered by utilities/Electric Distribution Companies (or their agents) and competitive retail electric suppliers • CSP category = DR offered by entities specializing in demand response and do not serve energy needs of customers www.pjm.com
Demand Response RegistrationsBusiness Segments in 2014/15 www.pjm.com
Demand Response RegistrationsReduction Methods in 2014/15 www.pjm.com
Demand Response Revenue by Year by Wholesale Service *Capacity Net Revenue inclusive of Capacity Credits and Charges
Price Responsive Demand Implemented by PJM in 2011 & 2012 • New option for wholesale participation by load reduction capability • Market rules require: • Metering capable of providing hourly interval usage values • Dynamic retail rates that are triggered by nodal Locational Marginal Prices in the PJM energy market • Automated response (and supervisory control for capacity market participants that can override automated controls www.pjm.com
Today’s Economic Dispatch of Supply Resources MW www.pjm.com
Dispatch Incorporating Price Responsive Demand Load Curve without PRD Load Curve Dispatch $90 resources Same area of detail $88 Price-Responsive Demand Dispatch $85 resources No dispatch of additional resources due to demand response at indicated price level www.pjm.com
Distributed Energy Resources – the Vision Presentation in Irvine, CA, February 2015 by Sean P. Meyn of the Florida Institute for Sustainable Energy, Dept of Electrical & Computer Engineering, University of Florida www.pjm.com
Comprehensive Plan: EE & DR Energy Efficiency Demand Response RPM eligible kW RPM eligible kW Capture highest value from each to maximize returns under one, comprehensive energy plan Used Average price, cleared MW in PECO for DR, EE $ value calculations