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Energy Technologies Area (ETA) researchers are continually building on the strong scientific foundation we have developed over the past 50 years. We address the world’s most pressing climate challenges by bringing to market energy-efficient innovations across the buildings, transportation, and industrial sectors. ETA is at the forefront of developing better batteries for electric vehicles; improving the country's aging electrical grid and innovating distributed energy and storage solutions; developing grid-interactive, efficient buildings; and providing the most comprehensive market and data analysis worldwide for renewable technologies like wind and solar.
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The Energy Technologies Area (ETA) Strategic Plan is the guiding force for our research and development for the next ten years. It clearly charts a path toward clean-energy solutions and focuses on five detailed Strategic Initiatives. The Plan provides an in-depth look at how ETA is accelerating research to provide affordable, clean energy to all while accomplishing deep, economy-wide decarbonization, looking to avoid a rise in global average temperature while simultaneously developing solutions to increase humanity's resilience to extreme weather volatility.
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The Energy Technologies Area (ETA) is unique in translating fundamental scientific discoveries into scalable technology adoption. Our approach combines an understanding of the marketplace and the role of state and federal regulation and policies. ETA's research drives real-world, practical results that affect and improve the everyday lives of Americans and those across the globe. Saving energy and battling the Climate Crisis are key to the foundation of our research, which is driven by technoeconomic analysis and in-lab experimentation and discovery.

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

Publication Type

Report

Date Published

06/2012

Authors

Kim, Joyce Jihyun, Sila Kiliccote

Abstract

In New York State, the default electricity pricing for large customers is Mandatory Hourly Pricing (MHP), which is charged based on zonal day-ahead market price for energy. With MHP, retail customers can adjust their building load to an economically optimal level according to hourly electricity prices. Yet, many customers seek alternative pricing options such as fixed rates through retail access for their electricity supply. Open Automated Demand Response (OpenADR) is an XML (eXtensible Markup Language) based information exchange model that communicates price and reliability information. It allows customers to evaluate hourly prices and provide demand response in an automated fashion to minimize electricity costs. This document shows how OpenADR can support MHP and facilitate price responsive demand for large commercial customers in New York City.

Year of Publication

2012

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

Publication Type

Date Published

Authors

Abstract

Year of Publication

Organization

Research Areas

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