Integration of Distributed Energy Resources in Retail Markets

This panel will discuss some of the emerging ideas in the participation of retail customers and distributed generation with the power system at large. Dr. Anuradha Annaswamy (moderator) from MIT speak to advances in dynamic market mechanisms that allow for better integration of distributed resources. Henry Yoshimura from ISO-NE will present on the newly implemented Price-Responsive Demand Program which improves the participation and compensation mechanisms for demand resources in wholesale markets. He will highlight the types of demand resources and aggregations that are challenging or too costly for an ISO to handle in the wholesale market and the limitations of a wholesale-only market environment. Toby Hyde who works in the National Grid 'utility of the future' regulatory strategy team will provide a Utility perspective. He's been deeply involved with NY REV (Value of DER, net energy metering reform, Distribution System Platform efforts) as well as the next generation thinking and analysis on dynamic pricing in the context of their business cases for Advanced Metering Infrastructure (AMI) investment in NY and RI. Finally, Ian Schneider, from MIT's Institute for Data, Systems and Society (IDSS), will capture an academic perspective on tariff deign, incentives and the value of distributed resources.