Back On The Grid

Power Plant Retirements and Demand Response


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Should power plants be allowed to retire whenever they want? And what the heck is demand response--wholesale, retail, or something else?

This episode will start exploring reliability must run (RMR) power plant designations and touch on the Sierra Club's lawsuit focused on two coal power plants receiving RMR payments while not having their supply included in PJM's capacity market. Also, is the grid just a big sandwich shop when it comes to demand response? Tune in for a day ahead market vs real time showdown.

Sources:

(1) https://www.utilitydive.com/news/pjm-reliability-must-run-rmr-capacity-auction-ferc-complaint/728398/

(2) https://www.ferc.gov/sites/default/files/2020-06/energy-primer-2020_0.pdf


Timestamps:

  • 00:30-Reliability Must Run (RMR) Power Plants
  • 09:15-Demand Response (DR)
  • 10:30-Electricity Markets as a sandwich shop
  • 15:00-Futures vs Spot Market for DR
  • ...more
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    Back On The GridBy Nick Sorokin