New England ISO targets 2018 for full DR integration into wholesale power market
FERC finalized Order 745 in 2011, and in the ensuing years, the rule survived a series of challenges before finally being upheld by the U.S. Supreme Court. The lengthy court battle only ended just last year, and now wholesale market operators are getting down to brass tacks.
The New England ISO notes its recent filing “represents the latest, and final, in a series of filings that began with the ISO’s Order No. 745 compliance filing.”
In addition to participating in day-ahead and real-time markets, demand response will be able to provide operating reserves and can participate directly in the forward reserve market. Demand response resources will also be able to receive obligations and compensation in the forward capacity market that are “fully comparable with dispatchable resources,” the ISO said.