Concepts for a wholesale grid state indicator to enable price responsive demand

The smart grid will enable consumers to configure end-user devices to receive information on energy prices and other system conditions, automatically respond to these signals, and provide savings for consumers. ISOs face new information needs for facilitating these developments, and ISOs and market participants have different roles in the process of getting this information to end-use consumers than those of traditional demand response. The California ISO is implementing processes to publish, on its public website, the information needed to connect wholesale and retail markets by enabling this response by end-use consumer devices, while not requiring formal wholesale market participation.