Rising Capacity Charges in New England . . .
CPower Can Help
Capacity prices are rising . . . CPower can help.
Right now, capacity charges in New England are on the rise due to the closure of older power plants and other infrastructure constraints. There is no better time to participate in demand response and earn significant revenue during the upcoming seasons.
- Capacity prices in this market have historically reflected lower values due to previous excess supply.
- “At risk” for closing are another 6,000 MW from additional coal- and oil-fired generators.
- More than 4,200 MW of the region’s non-gas generating capacity has retired or plans to retire soon.
- These retiring resources are likely to be replaced by more natural-gas-fired resources.
All of these factors are contributing to rising capacity charges. CPower can help you save on capacity charges and earn revenue through demand response and demand management programs in the NE market.
White Paper - The New England Power Market
In 2017, sharply rising capacity costs and energy volatility in the New England power market will increase your electricity costs despite relatively low fuel prices and flat usage trends. This white paper explores the underlying reasons, and goes on to explain specific actions commercial and industrial customers can take to mitigate these cost increases.
Surviving the Emergency Generator Regulatory Maze
Are you one of many energy customers that leverage back-up generators in demand response? Changes by the EPA have significantly restricted the circumstances where such generators can be compensated for operations while the grid is still up. CPower has helped many customers achieve “non-emergency” status without equipment upgrades by meeting permitting and reporting requirements.
Learn about the programs offered in New England
As part of its Forward Capacity Program, ISO-NE offers two types of demand response programs:
- Real Time Demand Response pays businesses for their ability to reduce electricity use within 30 minutes of receiving ISO dispatch instructions. Click here to learn more and watch a video.
- Real Time Emergency Generation pays businesses for their ability to move load to emergency generators within 30 minutes of receiving ISO dispatch instructions.
Other ISO-NE programs include:
- On-Peak Demand Resource Programs reward participants for permanent load reductions. With on-peak programs, the grid does not send out a dispatch notification. Learn more about Peak Demand Management with CPower.
- The Transitional Price Responsive Demand Program offers an opportunity for businesses to earn revenue by reducing their power consumption when electricity prices are forecasted to be high.