With demand response capped in PJM, capacity prices could soar.
As a result of FERC-approved demand response caps, Limited and Summer DR is now limited to 10% of PJM’s reliability requirement, with Limited DR providing no more than 4% of this. These new rules were requested by PJM. The regional transmission organization believes the rule changes will help improve overall grid stability and reliability.
In light of these new DR caps, our advice to anyone within the PJM territory interested in pursuing demand response, is to try and enroll in DR as soon as possible. Space for upcoming years will be more restrictive than in recent ones.
Also, PJM’s own simulations have shown that the approved DR caps could significantly increase capacity prices by as much as $1.8 billion over two years. As your energy consulting firm, Alternative Utility Services can work with you to mitigate this cost increase.
Related Posts
Lighting as a Service for Businesses of Greater Decatur
Alternative Utility Services (AUS), a registered Program Ally of the Ameren Illinois ActOnEnergy® Program, and the Greater Decatur Chamber of Commerce have partnered together to offer all area businesses the opportunity to upgrade their facility’s lighting to more...
Lighting as a Service for Greater Oshkosh Businesses
Alternative Utility Services (AUS) through the Greater Oshkosh Economic Development Corporation is providing all local area businesses the opportunity to upgrade their facility’s lighting to more efficient LED fixtures with no capital expense. This program is designed...
For Immediate Release: Strategic Partnership with Above the Standard
Alternative Utility Service, Inc., a leading provider of energy management and procurement, today announced a strategic partnership with Above the Standard Procurement Group®, Inc. (Above the Standard), a Global Leader in Profit Maximization and Business Growth...
FOLLOW US
CONTACT
Copyright © 2021 Alternative Utility Services, Inc.