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The discussions on the changes to the rules regarding how companies are compensated for Demand Response participation in PJM’s Emergency Demand Response program are certainly heating up! Over the weekend I read the newly released “Open Letter” by three large Demand Response providers in regards to these rule changes, PJM’s response to the “Open Letter” [...]
You may have heard about the recent FERC ruling on demand response. In the ruling, FERC said that DR participants can now be paid full LMP (locational marginal price) instead of the prior payment system of LMP – G (locational marginal price minus generation costs.) This means that when a DR participant is actively shedding [...]
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