What is Demand Response?
Demand Response is an agreement with retail customers to encourage them to reduce their electricity consumption during periods of peak demand. Demand Response at ISO New England is administered in the Real-Time Price Response Program and the Day-Ahead Load Response Program.
The Day-Ahead Demand Response Program allows Real-Time program participants to offer energy reductions (100 kW minimum) concurrent with the Day-Ahead Energy Market.
The Real-Time Load Response Program allows participants to curtail energy usage when a Real-Time Price Response Event is called by the ISO.
In what document(s) do I find details about Demand Response?
Primary provisions for the settlement of Demand Response are included in, but not limited to, ISO New England Market Rule 1: Appendix E and ISO New England Manual for Real-Time Price Response and Day-Ahead Load Response Programs (Manual M-RTPRP/DALRP).
Who can expect to incur a Demand Response Credit or Charge?
Day-Ahead Load Response Program
A demand asset with an offer that clears in the Day-Ahead Load Response Program will receive a payment for its cleared offer at the applicable Day-Ahead Zonal Locational Marginal Price (LMP) and a payment for its deviation of measureable energy reduction in Real-Time at the applicable Real-time Zonal LMP.
Real-Time Price Response Program
Real-Time Price Response assets that respond to a Real-Time Price event with measurable energy reductions will receive a payment at the maximum of the applicable Real-Time Zonal LMP and the Real-Time Price Response program floor price.
Participants with Network Load
Demand Response charges are allocated pro rata based upon Network Load to any Network Customer that designates load for Regional Network Service.
Related Standard Settlements
Related Billing Adjustments
The monthly bill contains a single line item netting credits and charges entitled "Demand Response."
Daily Financial Position Report
Daily financial position including all market service settlements and miscellaneous billing adjustments generated on a daily basis; and, issued to all active customers registered as a Participant or Non-Participant.
Load Response Preliminary Summary Settlement Report
Participant MW values in the Day-Ahead and Real-Time are summarized in the monthly MIS Report issued during the month, one month in arrears.
Load Response Customer Baseline Report
Participant Baseline summarized in the daily MIS Report issued during the month, one month in arrears.
Load Response Settlement Detail Report
Participant MW and financial values in the Day-Ahead and Real-Time are detailed in the monthly MIS Report issued during the month, one month in arrears.
Load Response Settlement Location Summary Report
The financial settlement by location, for assets in the Day-Ahead Load Response Program and the Real Time Price Response Program
Load Response Settlement Summary Report
Participant MW and financial values in the Day-Ahead and Real-Time are summarized in the monthly MIS Report issued during the month, one month in arrears.
Load Response Settlement Charges Summary
The financial settlement by DUNS Number, for assets in both the Day-Ahead Load Response Program and the Real Time Price Response Program.