MI Power Grid Launched; How Wholesale Markets Work (and Don't); Webinar – DER in Wholesale Markets; Fall Events
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Policy update
AEE, Michigan EIBC Applaud MI Power Grid Initiative ([link removed] )
AEE and state partner Michigan EIBC applauded the announcement from Governor Gretchen Whitmer that the Michigan Public Service Commission (MPSC) would launch a multi-year initiative to modernize Michigan’s electric power system to maximize the benefits of clean, distributed energy resources for Michigan residents and businesses. "The vision Gov. Whitmer and the Commissioners are pursuing will give households and businesses in Michigan a cleaner, more flexible, more responsive electric power system," said AEE Managing Director Ryan Katofsky. "With experience in similar initiatives in states including Ohio, Illinois, New York, and Rhode Island, AEE looks forward to contributing to this important initiative.” “Michigan EIBC is excited for the opportunity to work with the Commission and other stakeholders toward a modern, distributed, interconnected, grid of the future,” said Laura Sherman, President of Michigan EIBC. “Our member companies are developing innovative technologies, decreasing costs for customers, and providing beneficial grid solutions. We’re pleased to see the Governor and Commission creating a space to explore these issues and implement policies that will help increase competition, reliability, resilience, and advanced energy deployment, all while decreasing costs.” Click here to continue reading the press statement.> ([link removed] )
on the blog
How Wholesale Electricity Markets Work – and Don't ([link removed] )
Two-thirds of the nation’s wholesale electricity sales occur in a competitive market managed by a Regional Transmission Organization (RTO) or Independent System Operator (ISO), with over 200 million customers in these areas and over $120 billion in annual energy transactions taking place. Under the Federal Power Act, these markets are overseen by the Federal Energy Regulatory Commission (FERC), which ultimately determines the rules for how wholesale electricity is bought and sold in the marketplace. RTOs/ISOs develop the market rules that dictate whether and how energy resources can participate and compete. Wholesale electricity markets should allow all resources to compete on price and performance, as the Federal Power Act requires that the rates, terms, and conditions of service governing wholesale competitive markets be “just and reasonable” and not grant any “undue preference or advantage.” Many market rules, however, are outdated, having been designed with older technologies in mind. Those rules can favor incumbent technologies and disadvantage newer and more innovative energy options – that is, advanced energy. Click here to continue reading the blog post.> ([link removed] )
Aee webinars
Webinar - Distributed Energy Resources in Wholesale Markets: What They Are Doing Now; What They Could Do, Given More Opportunity to Compete ([link removed] )
Distributed Energy Resources (DERs) – such as battery storage, electric vehicles, microgrids, and both standalone solar and solar-plus-storage – are known for adding value onsite or to the local distribution grid. Increasingly, however, these resources, when aggregated together, are not only technically capable of providing energy, capacity, and ancillary services to wholesale electricity markets but can do so cost-competitively. A recent AEE report, Putting Distributed Energy Resources to Work in Wholesale Electricity Markets, provided five case studies of aggregated DER participation in wholesale markets, showing what they can do now, and suggesting what they could do with market rules that allowed them to compete fully with traditional resources. This webinar will bring these case studies to life, with DER companies and other experts discussing current opportunities and roadblocks across RTO/ISO regions. Click here or below to register for the webinar.> ([link removed] )
A live webinar on Wednesday, October 23, 2019 at 2pm ET/11am PT
Panelists:
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Katie Guerry, Vice President of Regulatory Affairs North America, Enel X
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Ted Ko, Director of Policy, Stem
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Ric O'Connell, Executive Director, GridLab
- Jeff Dennis, General Counsel and Managing Director, AEE
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Caitlin Marquis, Director, AEE (moderator)
Register for the Webinar ([link removed] )
Featured Events
GTM's Power & Renewables Summit • October 29-30 • Austin, TX
GTM’s Power & Renewables Summit will gather industry views on how renewable integration, decarbonization, sector electrification and the growing need for increased capacity and flexibility are impacting electricity systems. Join a two-day conversation around financing strategies, business model shifts, demand and regulatory updates as leaders across the energy value chain decipher how these profound transformations will reshape power markets over the next 10-to-20 years. Register today ([link removed] ) and use our code AEE15 for 15% off.
Energy Storage North America • November 5-7 • San Diego, CA
Energy Storage North America (ESNA) is the largest conference, exhibition, and networking event covering all applications of grid storage in North America. ESNA connects over 2,500 utilities, developers, energy users, policymakers, and other key stakeholders from around the world to advance understanding and deployment of energy storage, and ultimately build a cleaner, more affordable, and more resilient grid. To learn more about ESNA 2019, visit www.esnaexpo.com ([link removed] ) and register ([link removed] ) with discount code AEE19 for 10% off!
Texas Energy Summit • November 12-14 • Austin, TX
The 16th annual Texas Energy Summit ([link removed] ) gives attendees the opportunity to engage with industry experts, state and local policymakers, business leaders, entrepreneurs, researchers, facility and energy managers, utility and energy service experts, and more in a lively conversation about cleaner air, a better built environment, and new energy technologies. Register here ([link removed] ) . See the #txenergysummit speakers and schedule here ([link removed] ) , including Texas Advanced Energy Business Alliance's (TAEBA's) Suzanne Bertin's panel, "Increasing Grid Resiliency with Distributed Resources," at 10:45am CT, Nov. 13.
AWEA Clean Energy Executive Summit • November 19-21 • Carlsbad, CA
At the second annual Clean Energy Executive Summit, c-suite leaders from the wind industry and across renewable energy sectors will gather to plan a clean energy future. With a focus on demand-driving policy, modernized market rules, cost saving innovations, and how we must work together, this one-of-a-kind event is step one in further advancing the clean energy boom. Register here ([link removed] ) and use code 50OFF for a $50 discount!
AEE / the business voice of advanced energy ([link removed] )
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