What is the Future of FERC-regulated DR? – A Restructuring Today webcast recording

Dec. 10, 2014 - PRLog -- The DC Circuit Court of Appeals threw out Order 745 on broad jurisdictional grounds that FERC could not "lure" customers to participate in wholesale markets as demand response (DR) with incentives. The commission then sought a rare en banc rehearing which was recently denied. The broad language was latched onto by FirstEnergy in a complaint against PJM, arguing that DR should go away in the capacity markets, even though Order 745 was only aimed at energy market compensation.

Getting rid of DR in the capacity market in PJM would more than double that market's annual cost at first, PJM's independent market monitor predicted, likely making an often-unpopular market even moreso. The commission wanted to pay DR full LMP pricing in part because the majority felt that state-regulated dynamic pricing would never really take off. That could be changing with recent actions by the New York PSC, Massachusetts Department of Public Utilities, market activity in ERCOT (after the PUC approved advanced meters for every utility and $9,000/MWH scarcity pricing) and others all moving the ball forward on that front.

The case could still be appealed to the Supreme Court. But even if that effort fails, the fallout will still have to be dealt with by FERC and state regulators who want to keep vibrant DR markets going in their jurisdictions. The commission will have to decide whether the DC Circuit's order applies to capacity markets and if so how DR participation would be unwound from them.

Get a primer on this emerging debate by ordering the recording of Restructuring Today's webcast titled “What is the Future of FERC-regulated DR?” orignially aired on Wednesday, December 10 from 2-3:30 PM US Eastern Time.

DISTINGUISHED PANEL:

* FREDERICK "STU" BRESLER is the vice president of market operations for PJM Interconnection. He is responsible for all activities related to market operations including capacity market operations, day-ahead and real-time market operations, ancillary service market operations and the financial transmission rights markets. Bresler is also responsible for the development, integration and support of the technical systems used in the operation of the various PJM electricity markets. He is chair of the Board of PJM Settlements and also sits on the Board of PJM Technologies, both PJM subsidiaries. An employee of PJM since 1994, Bresler previously held other leadership and management positions within the markets division, as well as engineering positions in the operations division. Bresler is a licensed professional engineer in the state of Pennsylvania.

* GREGG DIXON has led various sales, marketing and business development efforts at EnerNOC and currently leads marketing and sales efforts worldwide to end-use customers. Dixon is primarily responsible for leading the formulation of EnerNOC's go-to-market strategy and product roadmap, the execution of marketing mechanisms that accelerate profitable sales growth and brand recognition through creative and customer-driven insights and the development of a world-class sales organization. Prior to joining EnerNOC, Dixon was vice president of marketing and sales for Hess Microgen, the leading provider of commercial onsite co-generation systems and services in the United States. As a highly recognized expert in distributed generation, Gregg pioneered efforts to bring more than 100 co-generation systems to leading grocery, hospitality, commercial property and manufacturing customers and developed Hess Microgen's internet-based monitoring system, CONIFER. Dixon graduated from Boston College with bachelor's degrees in Business Administration and Computer Science and he is a certified energy manager, certified demand side management professional and certified sustainable development professional with the Association of Energy Engineers.

* JOHN SHELK has been president and CEO of the Electric Power Supply Association, the national trade association representing leading competitive electricity suppliers, since 2005. Shelk is responsible for EPSA's overall management and strategic direction, including legislative affairs, regulatory policy and public affairs. He served as a counsel to the House Energy and Commerce Committee after which he has held a series of positions in the private sector with increasing responsibility. Shelk earned his juris doctor degree with honors from Georgetown University Law Center and a bachelor's degree in American government from Georgetown's College of Arts & Sciences.

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Details about Restructuring Today's “What is the Future of FERC-regulated DR?” is available at http://www.restructuringtoday.com/FERC-DR or by calling +1-301-769-6812 (1-888-637-7776 toll-free in the US and Canada) for details.

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