Power Plant Retirements and Demand Response

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Back On The Grid

Nick Sorokin

15 episodes

3 days ago

How does the grid work? What are the barriers to making it cleaner? And who has the power to decide? Tune in each week to hear about tech, markets, and policy related to the U.S. electricity sector.

Technology

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How does the grid work? What are the barriers to making it cleaner? And who has the power to decide? Tune in each week to hear about tech, markets, and policy related to the U.S. electricity sector.

Technology

https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/36969311/36969311-1679281097079-98ef9f1037ad.jpg

Power Plant Retirements and Demand Response

Back On The Grid

16 minutes 47 seconds

1 year ago

Power Plant Retirements and Demand Response

Should power plants be allowed to retire whenever they want? And what the heck is demand response--wholesale, retail, or something else?

This episode will start exploring reliability must run (RMR) power plant designations and touch on the Sierra Club's lawsuit focused on two coal power plants receiving RMR payments while not having their supply included in PJM's capacity market. Also, is the grid just a big sandwich shop when it comes to demand response? Tune in for a day ahead market vs real time showdown.

Sources:

(1) https://www.utilitydive.com/news/pjm-reliability-must-run-rmr-capacity-auction-ferc-complaint/728398/

(2) https://www.ferc.gov/sites/default/files/2020-06/energy-primer-2020_0.pdf

Timestamps:

00:30-Reliability Must Run (RMR) Power Plants
09:15-Demand Response (DR)
10:30-Electricity Markets as a sandwich shop
15:00-Futures vs Spot Market for DR