Wanted to update everyone on FERC Order 2222 implementation progress. Several RTOs are now accepting distributed energy resource aggregations, which could impact how we analyze demand response opportunities for our clients. PJM and CAISO are leading the way, but the rules are still evolving. Anyone seeing impacts on your client's utility bills yet? Some demand response programs are changing their compensation structures.
FERC Order 2222 Implementation Update
Thanks for the update Todd. I'm seeing some changes in Virginia with PJM markets. Clients with behind-the-meter storage are getting new revenue opportunities, but it's making bill analysis more complex. The settlement statements now include multiple revenue streams that offset traditional demand charges. We need to adapt our audit processes to account for these new DER compensation mechanisms.