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 language | American English |
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Publisher | National Renewable Energy Laboratory (NREL) |
Number of pages | 3 |
State | Published - 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