Entries in demand resources (18)

Monday
Jan042016

Update on the 2015/2016 Winter Reliability Program

9/9/16 update: The chart has been updated with final program participation results. Despite “the winter that wasn’t” (read the winter 2015/2016 operations recap), the winter reliability program remains instrumental in augmenting New England’s fuel security.

In September, the Federal Energy Regulatory Commission approved a program for the current and next two winters to address seasonal reliability challenges created by constraints on New England’s interstate natural gas pipeline system. The previous programs for winters 2013/2014 and 2014/2015 proved to be cost-effective short-term solutions to help keep the lights on in New England during very cold winter days.

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Monday
Nov302015

ISO-NE’s research recognized internationally by INFORMS

Paper outlines innovative model for unit commitment as system uncertainty increases

A research paper by ISO New England’s Business Architecture and Technology (BAT) team was among the finalists for 2015’s prestigious Best Publication Award in Energy from the Institute for Operations Research and the Management Sciences (INFORMS). The paper, “Adaptive Robust Optimization for the Security Constrained Unit Commitment Problem,” describes the pioneering application of a powerful risk management modeling tool in the electricity industry. The paper won honorable mention (second place) out of numerous journal articles from operations researchers and professionals around the globe. Originally published in IEEE Transactions on Power Systems, the journal article is having significant influence; it’s been referenced by researchers in almost 300 other academic and industry publications so far.

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Thursday
Sep172015

FERC approves reliability program for winters 2015/2016, 2016/2017, and 2017/2018

Proposal selected is nearly identical to last year’s program

On July 15, 2015, ISO New England and the New England Power Pool (NEPOOL) filed alternative Winter Reliability Program (WRP) proposals with the Federal Energy Regulatory Commission (FERC) to address the region’s well-documented reliability challenges over the next three winters.

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Wednesday
Aug122015

EPA cites as best practice ISO-NE’s evaluation manual for energy-efficiency resources

The Environmental Protection Agency (EPA) has recognized one of ISO New England’s evaluation manuals as a model resource for quantifying and verifying the savings from energy-efficiency (EE) measures.

Specifically, the ISO’s Measurement and Verification of Demand Reduction Value from Demand Resources was cited as one of the best practices for statistical sampling of demand resources participating in competitive wholesale electricity markets, as well as a resource for learning more about how EE savings can be quantified and verified.

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Friday
May012015

ISO-NE issues white paper on potential approaches to demand resources in markets pending possible legal and regulatory outcomes

On April 17, ISO New England released the white paper Contingency Plan Addressing the Potential Loss of FERC Jurisdiction Over Demand Resources. It details possibilities for continued demand resource participation in New England, in response to uncertainty surrounding FERC Order No. 745, Demand Response Compensation in Organized Wholesale Energy Markets.

Order No. 745 was vacated in a May 2014 decision by the US Court of Appeals for the District of Columbia Circuit in Electric Power Supply Association v. FERC. An appeal was filed, and on May 4, 2015, the US Supreme Court agreed to review the decision. The Supreme Court's decision is expected by end of June 2016.

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Monday
Feb092015

Coming February 24: ISO-NE to release new Energy-Efficiency Measure database for resources in the FCM

Sandbox environment already open for participants with EE projects

New England is a national leader in developing energy-efficiency (EE) policies and programs. The region now has 1,500 megawatts of EE resources providing capacity in the Forward Capacity Market (FCM), and this amount is likely to increase as the six states are expected to invest more than $6 billion in EE between 2017 and 2023.

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