Combine energy efficiency with demand response for maximum earnings.
Pjm energy efficiency resources.
When you participate in ee and one of pjm demand response.
Energy market the pjm energy market procures electricity to meet consumers demands both in real time and in the near term.
March 30 2011 prior to any rpm auction that such ee resource is eligible to offer and plans to offer the ee resource provider must submit a m v plan an initial m v plan if this is the first time that the ee.
Pjm s capacity market called the reliability pricing model ensures long term grid reliability by procuring the appropriate amount of power supply resources needed to meet predicted energy demand three years in the future.
Rpm energy efficiency ee faqs docs 601490v9 last update.
Details regarding modeling energy efficiency resources in the pjm capacity market see modeling of ee resources 1 1 overview of energy efficiency an energy efficiency ee resource is a project that involves the installation of more efficient.
Manual 14b web pdf addresses this in detail.
Market efficiency pjm s regional transmission expansion planning rtep process includes the analysis of the economic efficiency of pjm s energy and capacity markets associated with determining rtep market efficiency upgrades.
When you participate in energy efficiency and one of pjm demand response programs capacity economic synchronous reserves you can open new revenue streams allowing your organization to more quickly realize the return on investment roi of your energy efficiency projects.
The product offers an opportunity for customers to make the strongest sustainability claims through a solution that is tailored to fit load profiles and low carbon objectives and further accelerate the adoption of renewables.
Pjm interconnection has long recognized the unique value of energy storage technology welcomed its development and is working to make sure that storage can become an integral part of a more reliable cost efficient grid with ever more renewable resources.
That s because the changing nature of pjm s reliability pricing model pjm s capacity market favors capacity offerings from both demand response and energy efficiency resources.
Additionally it establishes the standards and criteria for m v plans post installation m v reports and the m v audit.
It includes the sale or purchase of energy in pjm s real time energy market five minutes and day ahead market one day forward.
Addresses the measurement and verification of the nominated energy efficiency value of an energy efficiency ee resource participating in the pjm capacity market.
There has never been a better time to participate in energy efficiency and demand response dr.
