Innovative developments in load as a reliability resource

Abstract

This paper reports on work the Consortium for Electric Reliability Technology Solutions (CERTS) has been pursuing to hasten the arrival of meaningful load participation in competitive electricity markets. The activities include: experimental economic analysis of the effect of price responsive load in reducing market prices and price volatility; assessments of emerging demand response programs and technologies for enabling customer participation in electricity markets, and demonstrations of load in providing ancillary services (notably, spinning reserve).