Connecticut | Connected Solutions Flashcards

market intelligence, incentive program

1
Q

Connected Solutions (CS):

  • Based on __ energy consumption during ___ compared to __ (discharge during CS hours on non-event days will * decrease baseline and thereby decrease potential revenue from this program)
  • No penalty if event-day load exceeds baseline load during CS hours
A

Decreasing, event days, baseline load
* Basically if one uses less electricity during low-demand hours it will decrease the baseline
* no penalty if you end up using more than usual during CS hours, the program is focused on encouraging saving not higher use

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2
Q

CT ESS

A

CT’s program other than CS, cannot co-participate in both

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3
Q

CT ESS reqs: (there are 3)

CT ESS is both an ___ and a ___ incentive.

A
  1. 10 year warranty (manufacturers must guarantee their ESS works for 10 years for people who purchase or install the ESS)
  2. must be able to island: “island” bc ESS must be able to operate independently during outage (ESS can disconnect, supply independently when main grid fails, sort of acting like a mini grid)
    3.No co-participation with CT CS: prevent double-dipping in both programs.

Both an upfront and performance-based incentive

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4
Q

ISO-NE Forward capacity market
- which CT program is this under?

A

literally just future-electricity-provided market, where future electricity bough and sold in new england (NE)

CT ESS, it’s a constraint for performance-based section of incentive

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5
Q

“Qcells does not take a cut from the upfront incentive of CT ESS”
- where did this appear?

A

CT ESS

when a customer install ESS, Qcells doesn’t take a cut from the incentive given to customer; so customer gets to keep full amount

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6
Q

How does CT ESS”s performance-based side incentive work?

A
    1. based on active dispatch windows instead of passive dispatch
    1. based on ave power during events (peak demand) (kW)
      ***This means the performance incentive is calculated based on how much power (in kilowatts, kW) your energy storage system discharges during these active dispatch events. It’s not just about using less power during peaks; it’s about how much power your system can provide to the grid (or offset from the grid) during these critical times.
    1. Only when ISO-NE forecasts grid capacity constraints (notifies customers 24 hours in advance)
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7
Q

How does CT ESS’s upfront incentive works?

A
  1. Upfront incentive $100-300/kwh with adders for critical facilities, circuits with frequent outages, C&I customers replacing fossil fuel generators, and small businesses
    – if you install like 10kwh capacity ESS, you get like 1000-3000 bucks upfront
    — Adder = additional money given beyond upfront incentives, like bonus
    — Critical facilities = crucial facilities that have to remain powered during outage, like hospitals
    – so if critical facilities install an ESS (remember they can island), installer get extra money
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8
Q

Active Dispatch window vs. passive dipatch

A

AD: refers to specific times when the energy storage system (like a battery) is actively used or ‘dispatched’ to either provide power or reduce power consumption from the grid. These windows are usually determined by the program administrators and are based on when they predict the grid will need extra support (like during peak demand times).

PD: This is when the energy storage system operates automatically based on pre-set rules or conditions, without specific instructions from the program administrators. It’s like setting your home thermostat to lower the temperature at night automatically.

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9
Q

how does NRES distinct from ESS and CT?

hint: while ESS and CT focuses on ___ and ___, respectively, NERS focuses on ___

A

energy storage, demand reduction, generating electricity using solar panels

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10
Q

!! In one sentence, say how the 3 CT incentive programs are different

A

ESS is about STORING energy at specific times, CS is about reducing demand at peaks (it’s about dispatching), and NERS is about rewarding actual production of renewable energy.

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11
Q

AS Market

A

Ancillary Services Market
*a market where services necessary for supporting transmission and maintaining grid stability are bought and sold, such as— frequency regulation, spinning reserve. Usually only provided to FTM standalones. no BTM has AS market in their value stack, and no FTM PV has this in their value stack- only FTM standalones (because renewable energy distribution/transmission with AS is complex)

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12
Q

Frequency Regulation:

A

refers to ESS being paid for their rapid response to adjust output to grid’s required level when needed, so grid stability and safety is maintained. – part of AS market, applies to FTM standalones only

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13
Q

Spinning Reserve

A

ESS offers a backup supply of power that can be bought and sold quickly if a generator goes down or if there’s sudden demand decrease , part of AS market, applies to FTM standalones only

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14
Q

TOU

A

Time of Use: a pricing mechanism that depends on when the peak hits.

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15
Q

CT Energy Optimization Objective

A

Energy Optimization Objectives: DCM and TOU: both are “proportional to the % of the passive dispatch period overlap with TOU period” for energy saving

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16
Q

DCM

A

Demand Charge Management: an energy optimization objective. It refers to pricing mechanism for electricity bill of C&I customers based on highest level of power they draw from the grid during a billing period.
Goal of DCM is to reduce demand charge by managing when and how much power is drawn, especially during event days

17
Q

ISO-NE Wholesale Market submarkets

A

wholesale electricity market (WEM) = energy market (pricing system for buying & selling based on law of supply and demand = a DA and a RT market) +forward capacity market (3-year forward market where resources het compensation for having invested in capacity and delivery of capacity in the capacity commitment period, like bonus = 3-year ahead auction + annual, monthly reconfigurations auction) + ancillary market (services that ensure reliability of production and transmission of electricity. = Forward Reserve Market + RT market)

18
Q

FCM Forward Capacity Market

A

the party chair rental analogy. 3 year ahead auction and annual/monthly reconfiguration auctions

19
Q

forward reserve market

A

Purpose: The FRM is designed to procure reserve capacity, such as spinning or non-spinning reserves, which can be called upon on short notice to maintain system reliability.
Function: It provides a mechanism for grid operators to secure additional resources that can be quickly deployed if an unexpected event occurs, like a generator failure or sudden spike in demand.
Incentive: Participants are compensated for holding a certain amount of their generation or demand response capacity in reserve, ready to activate if needed.

20
Q

Forward Capacity Market vs. Forward Reserve Market

A

FCM is making power plants/energy producer promise to be on call and respond if needed, FRM is making them reserve REGARDLESS if they were called upon. FCM is its own value stack segment, parallel to AS market, while FRM (long with RT market ) falls under AS market

21
Q

CPEC

A

Clean Peak Energy Certificate.

22
Q

CT FTM value stack 2 scenarios - AS + CPEC

A

you’re selling special hour lemonade. yo make good money(CPEC revenue) because you’re selling at peak demand hours. and you have ti[ jar for extra services like quick refills or ice (AS)
you’re not selling more, just at the best time and providing extra perks.

23
Q

CT FTM value stack 2 scenarios: Energy, AS + Incidental CPEC

A

regular business mode (aka default). you sell lemonade all day and still offer those perks. you also have a small sign that advertises your fresh, organic lemonade picked during peak season (incidental CPEC rev) which might get extra cash from eco-friendly customers

24
Q

CT BTM value stacking

A