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FERC Order No. 2222 Can Drive Innovation, Lower Costs Across the U.S. Considering the Range of Use Cases for Distributed Energy in Wholesale Markets

Posted by Monique Hanis on Jun 10, 2021

In a new report, AEE outlines multiple use cases for distributed energy resources , illustrating the benefits of allowing aggregated DER participation in wholesale electricity markets under FERC’s landmark order.
 
WASHINGTON, D.C., June 10, 2021 – Today, national business group Advanced Energy Economy (AEE) released a report illustrating use cases for distributed energy resources (DER) in wholesale electricity markets that DER aggregators and other stakeholders expect to pursue under the Federal Energy Regulatory Commission’s (FERC) Order No. 2222. These use cases demonstrate how increased DER participation in wholesale markets can improve competition, lower rates, give customers greater choice, and provide needed flexibility to support the reliability and resilience of the electricity grid. In the report, AEE also offers recommendations to guide Order No. 2222 compliance planning efforts currently underway by grid operators to ensure that implementation of the landmark order overcomes barriers that stand in the way of delivering the full value of DERs to customers and regional grid operators.
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Topics: Wholesale Markets, Press Releases

E&E News: FERC Urged to Protect Grid from EV Boom

Posted by Miranda Willson on May 3, 2021

E&E News outlined proceedings from a Federal Energy Regulatory Commission conference on electric vehicles, quoting AEE’s Jeff Dennis on how the commission can prepare. Read snippets below and the full story here.

The Federal Energy Regulatory Commission needs to prepare for a surge in electric vehicles that could transform the nation's power grid and increase electricity demand and costs.

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Topics: Wholesale Markets, AEE In The News

Utility Dive: Equity, Security and Load: FERC Conference Considers the Challenges and Potential of Electrification

Posted by Robert Walton on May 3, 2021

Utility Dive outlined key takeaways from a FERC conference considering the challenges of electrification, quoting AEE’s Jeff Dennis on electricity load specifics. Read snippets below and the full story here.

The electrification of transportation, heating and other end uses necessary for the United States to meet its decarbonization goals will require the country to double its electricity load by 2050, panelists said Thursday at a Federal Energy Regulatory Commission technical conference. With that additional load will come opportunities, responsibilities and challenges, they said.

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Topics: News Update, Wholesale Markets

Smart Energy Decisions (Opinion): Competitive Wholesale Markets Unlock Procurement Options—Will the Proposed Southeast Energy Exchange Market Do the Same?

Posted by Caitlin Marquis on Apr 30, 2021

Smart Energy Decisions published AEE’s Caitlin Marquis’ piece on competitive wholesale markets and the SEEM proposal. Read snippets below and the full story here.

The benefits of competitive wholesale markets to customers are generally boiled down to two simple words: cost and reliability. But ask any large buyer of clean energy, and you’ll hear a host of additional reasons why organized, competitive wholesale markets overseen by regional transmission organizations or independent system operators (RTOs/ISOs) make it easier to access clean energy resources. Unpacking what makes wholesale markets work for buyers also helps to explain why buyers have not enthusiastically endorsed the Southeast Energy Exchange Market (SEEM) proposal put forward by a handful of Southeastern utilities.

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Topics: Wholesale Markets, AEE In The News