order 719 and demand response
Download
Skip this Video
Download Presentation
Order 719 and Demand Response

Loading in 2 Seconds...

play fullscreen
1 / 6

Order 719 and Demand Response - PowerPoint PPT Presentation


  • 122 Views
  • Uploaded on

Order 719 and Demand Response. Steve Isser, JD, PhD Vice President and General Counsel Good Company Associates. Order 719 Genesis. Advanced Notice of Proposed Rulemaking - June 22, 2007 February 27, 2007, May 18, 2007, FERC Conferences on market power

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Order 719 and Demand Response' - marvel


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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
order 719 and demand response

Order 719 and Demand Response

Steve Isser, JD, PhD

Vice President and General Counsel

Good Company Associates

order 719 genesis
Order 719 Genesis
  • Advanced Notice of Proposed Rulemaking - June 22, 2007
    • February 27, 2007, May 18, 2007, FERC Conferences on market power
    • Commission identified four specific issues
      • role of DR in organized markets, including price responsive load;
      • increasing opportunities for long-term power contracting;
      • strengthening market monitoring; and
      • responsiveness of ISOs to customers.
order 719 genesis1
Order 719 Genesis
  • Demand response can help reduce wholesale prices and wholesale price volatility.
    • DR can bid directly into the wholesale market and put downward pressure
    • DR at retail reduces demand for power by LSE/REP
  • DR tends to flatten a market’s load profile, shifting generation toward lower-cost base load generation
  • DR can reduce market manipulation by reducing generator market power.
key elements of order 719
Key Elements of Order 719
  • DR as a source of energy and AS, including retail demand response;
  • Scarcity pricing during reserve shortages;
  • Support for long-term power contracting;
  • Enhanced market-monitoring policies; and
  • Increased responsiveness of ISOs to their customers.
demand response provisions
Demand Response Provisions
  • Accept bids from DR for ASA on a basis comparable to other resources;
  • Eliminate, during a system emergency, a charge to a buyer that takes less electric energy in the real-time market than it purchased in the day-ahead market;
  • Permit an aggregator of retail customers (ARC) to bid DR into the energy market;
  • Study whether further reforms are necessary to eliminate barriers to DR.
process continuing
Process Continuing
  • ISOs have made initial filings
  • General theme
    • We’re already doing it
    • We don’t need to do it
    • What, Me Worry?
  • PJM is most advanced in integrating DR
  • Others may be ordered to do more
  • Additional filings coming, updates will be provided
ad