Experience with implementing demand response in ISO markets

Summary form only given. Demand-side management (DSM), coupled with smart-grid technologies, will be a big initiative for electric utilities and ISOs for the next 3-5 years. To meet FERC order 719, a number of ISOs are modifying their market rules to better utilize demand resources (DR). This panel session explores the key technical, economic, and IT challenges that will need to be solved to fully deploy DR at the wholesale and retail levels: What are the costs and benefits for implementing DR programs? Can demand-side management be economically justified for residential, commercial, and industrial customers? Can DR resources be used to provide operating reserves to back up wind resources? Can utilities manage their own DSM programs? Or do we need 3rd-party DR providers to develop this new DR market? How are DR offers cleared in the market? How do we convert ISO awards into curtailment instructions for DR customers? Can we use near real-time meter data to track DR performance? What is the best method to use to perform baseline calculations for DR customers? How do we perform settlement for DR resources?