Is demand response an ancillary service?
Abstract—Many demand response resources are technically capable of providing ancillary services. In some cases, they can provide superior response to generators, as the curtailment of load is typically much faster than ramping thermal and hy- dropower plants.
What is demand response PJM?
Demand Response is a voluntary PJM program that compensates end-use (retail) customers for reducing their electricity use (load), when requested by PJM, during periods of high power prices or when the reliability of the grid is threatened.
What is a CSP demand response?
Curtailment Service Providers (CSPs) either enroll customers in the PJM program, or develop demand response programs on their own. CSPs offer a variety of options for load response to customers that are able to reduce their electricity consumption on demand.
What is wholesale demand response?
Key Wholesale Electricity Market Changes: Wholesale Demand Response Mechanism. ‘Demand response’ is the action a consumer can take to temporarily change their energy consumption, in response to a range of incentives. ‘Wholesale demand response’ refers to the action taken in response to wholesale price signals.
What is economic demand response?
Economic demand response primarily represents a voluntary commitment to reduce load in the energy market when. the wholesale price is higher than the published monthly PJM net benefits price.
What are examples of ancillary services?
Examples of ancillary services include:
- Ambulance services.
- Ambulatory surgery center (ASC) services.
- Audiology services.
- Behavioral health services (inpatient and outpatient)
- Cardiac monitoring.
- Dialysis services.
- Durable medical equipment (DME)
- Hearing services.
How does Voltus make money?
Voltus represents the “potential of us” to better manage energy through simple, cost and risk-free programs for distributed energy resources. Our customers and partners generate cash by allowing us to maximize the value of these assets in wholesale energy markets.
What are demand response services?
Demand response is a voluntary PJM program that allows end use customers to reduce their electricity usage during periods of higher power prices. They can reduce their electricity consumption when wholesale prices are high or the reliability of the grid is threatened, receiving payments for the reductions they make.
What are the markets for ancillary services at PJM?
PJM operates several markets for ancillary services: the Synchronized Reserve Market, the Non-Synchronized Reserve Market, the Day-Ahead Scheduling Reserve Market and the Regulation Market. Learn more about ancillary services at the Learning Center. Ancillary Service Market Results
What is the purpose of PJM demand response?
Demand Response is a voluntary PJM program that compensates end-use (retail) customers for reducing their electricity use (load), when requested by PJM, during periods of high power prices or when the reliability of the grid is threatened.
What are the responsibilities of the PJM executive team?
His responsibilities cover all of the markets operated by PJM, including those for capacity, Day-Ahead and Real-Time Energy, ancillary services, Financial Transmission Rights and demand response operations.
Who is the director of Regulatory Affairs for PJM?
Craig Glazer coordinates all of PJM’s regulatory and legislative policies before Congress, the Federal Energy Regulatory Commission, the United States Department of Energy and other federal agencies.
