Maximizing Demand Flexibility with Buildings and FERC 2222

Research output: NRELFact Sheet

Abstract

In 2020, the Federal Energy Regulatory Commission (FERC) approved a rule, Order 2222, that requires market operators to create pathways enabling distributed energy resource aggregators (DERAs) to compete in all regional organized wholesale electric markets. The goal is to encourage various forms of distributed energy resources (DERs) to participate in electricity markets in a way that would enhance competition, encourage innovation, and drive down costs for consumers. In this document, we briefly discuss how FERC Order 2222 affects the opportunities for participation in electricity markets for building owners and operators, the role of aggregators, and the involvement of buildings in the electricity market.
Original languageAmerican English
PublisherNational Renewable Energy Laboratory (NREL)
Number of pages3
StatePublished - 2024

NREL Publication Number

  • NREL/FS-5500-86387

Other Report Number

  • DOE/GO-102024-5923

Keywords

  • demand flexibility
  • distributed energy resource aggregators
  • electricity market
  • energy generation
  • storage capability
  • storage technology
  • wholesale energy market

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