By HDK / Published on Wed, 2009-09-09 06:36
Defendants of energy efficiency have argued that policy-makers focus excessively on the “trendier” energy supply and not enough on end-use energy efficiency. Focusing on supply side energy policies, as is the case of supporting large renewable electricity generation plants, without looking at the same time for the opportunities in the demand-side, may generate avoidable costs.
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By HDK / Published on Tue, 2009-08-25 14:29
ISO New England, which oversees New England’s bulk electric power system and wholesale electricity markets, recently established a Forward Capacity Market (FCM) that will pay suppliers to ensure sufficient capacity is available to meet future peak loads. Under the FCM, ISO New England projects the needs of the power system three years in advance and then holds an annual auction to purchase the resources necessary to satisfy the future regional requirements. This market is unique in that it allows energy efficiency and other demand resources to compete directly with generators.
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