06 Dec '17, 4pm

Energy Efficiency is keeping the cost of electricity affordable in PJM and NE-ISO

Energy Efficiency is keeping the cost of electricity affordable in PJM and NE-ISO

A recent federal proposal puts a spotlight on an uncommonly popular topic: wholesale energy markets. Our new research shows that energy efficiency has provided steadily increasing value to grid operators and customers in two such markets. Our report, Energy Efficiency in Capacity Auctions: A Historical Review of Value , finds that since they have been included, efficiency resources have almost tripled in the Mid-Atlantic auction and almost quadrupled in a similar auction in New England. Capacity auctions: overview Grid operators — known as independent system operators (ISOs) or regional transmission organizations — hold auctions to procure future energy resources at the wholesale level. The grid operators for the Mid-Atlantic and New England, PJM and ISO-New England (ISO-NE), procure such resources through mandatory auctions where providers bid on selling capacity to the g...

Full article: http://aceee.org/blog/2017/12/hidden-gem-wholesale-energy...

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