2017 Demand Response Operations Markets Activity Report: February 2018

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1 2017 Demand Response Operations Markets Activity Report: February 2018 James McAnany PJM Demand Side Response Operations February 8, 2018

2 This page intentionally left blank PJM P age

3 Figure 1: DY 17/18 Active Participants in Load Management DR Programs Economic Load Management Unique State Zone EDC Locations MW Locations MW Locations MW DC PEPCO PEPCO DE DPL DEMEC DE DPL DOVDE DE DPL DPL DE DPL ODEC IL COMED BATAV IL COMED COMED ,277 1, ,277 1,296.0 IL COMED GENEVA IL COMED IMEAA IN AEP AEPIMP IN AEP HEREC IN AEP WVSDI KY AEP AEPKPT KY DEOK DEK KY EKPC EKPC MD APS AETSAP MD APS AETSHG MD APS AETSTH MD BGE BC MD DPL DPL MD DPL EASTON MD DPL ODEC MD PEPCO PEPCO MD PEPCO SMECO MI AEP COSEDC NJ AECO AE NJ AECO VMEU NJ JCPL JCBGS NJ PSEG PSEG , , NJ RECO RECO NY PENELEC PaElec OH AEP AEPOPT OH AEP AMPO OH AEP BUCK OH ATSI AMPO OH ATSI BUCK OH ATSI CPP OH ATSI OEEDC OH DAY AMPO OH DAY BUCK OH DAY DAYEDC OH DEOK AMPO OH DEOK BUCK OH DEOK DEOEDC PA APS AETSAP PA APS CHBDTE PA ATSI PAPWR PA DUQ DLCO PJM Page

4 Economic Load Management Unique State Zone EDC Locations MW Locations MW Locations MW PA METED MetEd PA PECO PE , , PA PENELEC AECI PA PENELEC AMPO PA PENELEC PaElec PA PENELEC WELLSB PA PPL AMPO PA PPL CTZECL PA PPL PPL , , PA PPL UGI-UI TN AEP AEPAPT VA AEP AEPAPT VA AEP AMPO VA AEP ODEC VA AEP RADFRD VA AEP SALEM VA AEP VATECH VA APS ODEC VA DOM CVEC VA DOM DOMEDC VA DOM DOMVME VA DOM NVEC VA DOM ODEC VA DPL ODEC WV AEP AEPAPT WV AEP APWVP WV APS AETSAP Total 942 2,172 15,695 9,123 15,743 9,483 PJM P age

5 Figure 2: DY 17/18 MWs in Load Management DR by Resource, Product, and Lead Times Product Lead Times (minutes) Total Zone Limited Extended Annual MW AECO Pre-Emergency Emergency Total AEP Pre-Emergency ,496.3 Emergency Total ,545.5 APS Pre-Emergency Emergency Total ATSI Pre-Emergency Emergency Total BGE Pre-Emergency Emergency Total COMED Pre-Emergency ,265.5 Emergency Total ,318.4 DAY Pre-Emergency Emergency Total DEOK Pre-Emergency Emergency Total DOM Pre-Emergency Emergency Total DPL Pre-Emergency Emergency Total DUQ Pre-Emergency Emergency Total EKPC Pre-Emergency Emergency Total PJM P age

6 Product Lead Times (minutes) Total Zone Limited Extended Annual MW JCPL Pre-Emergency Emergency Total METED Pre-Emergency Emergency Total PECO Pre-Emergency Emergency Total PENELEC Pre-Emergency Emergency Total PEPCO Pre-Emergency Emergency Total PPL Pre-Emergency Emergency Total PSEG Pre-Emergency Emergency Total RECO Pre-Emergency Emergency Total TOTAL Pre-Emergency 2, , , , , ,773.2 Emergency Total 2, , , , , ,122.8 PJM P age

7 Figure 3: DY 17/18 Confirmed Load Management DR Registrations Business Segments Note: Percent of Nominated Capacity (MWs). Includes Capacity Performance nominated MWs. Figure 4: DY 17/18 Confirmed Load Management DR Registrations Owner/Company Type Note: Percent of Nominated Capacity (MWs). Includes Capacity Performance nominated MWs. PJM P age

8 Figure 5: DY 17/18 Confirmed Load Management DR Registrations Customer Load Reduction Methods Note: Percent of Nominated Capacity (MWs). Includes Capacity Performance nominated MWs. Figure 6: DY 17/18 Confirmed Load Management DR Registrations Fuel Mix with Behind the Meter Generation Note: Percent of Nominated Capacity (MWs). Includes Capacity Performance nominated MWs. PJM P age

9 Figure 7: DY 17/18 Confirmed Load Management DR Registrations Generator and Permit Type Figure 8: 2017 DY 17/18 Confirmed Load Management DR Registrations Fuel Mix with Behind the Meter Generation PJM P age

10 Figure 9: DY 17/18 Confirmed Load Management Full DR Registrations Energy Supply Curve: This area intentionally left blank PJM P age

11 Figure 10: 2017 Economic Demand Response Capability in the Ancillary Service Markets Capability represents total amount that may be offered. Actual offered and cleared volume may be significantly lower and is represented in subsequent figures/tables in report Figure 11: 2017 PJM Demand Response Confirmed Regulation Registrations Load Reduction Methods Note: Percent of CSP Reported Load Reduction MWs PJM P age

12 Figure 12: 2017 PJM Demand Response Confirmed Synch Reserve Registrations Load Reduction Methods: Note: Percent of CSP Reported Load Reduction MWs Figure 13: PJM Economic Demand Response Capability in Energy Market (3/1/2006-2/3/2018) Capability represents total amount that may be offered. Actualoffered and cleared volume may be significantly lower and is represented in subsequent figures/tables in report. PJM Page

13 Figure 14: PJM Estimated Revenue for Economic and Load Management DR Markets *Capacity Net Revenue inclusive of Capacity Credits and Charges. **PJM assumes capacity value at $50 MW Day (PJM does not know the value of capacity credits in the forward market prior to RPM; only a portion of capacity was purchased through the daily capacity market at the time). This area intentionally left blank PJM P age

14 Figure 15: PJM Demand Response Committed MWs by Delivery Year PJM P age

15 Figure 16: 2017 Economic Demand Response Monthly Registration Participation Figure 17: 2017 Economic Demand Response Monthly Registration Participation Day-Ahead Activity Figure 18: 2017 Economic Demand Response Monthly Registration Participation Real-Time Activity PJM P age

16 Figure 19: 2017 Economic Demand Response Monthly MWh Reductions Figure 20: 2017 Economic Demand Response Monthly MWh Reductions Day-Ahead Activity Figure 21: 2017 Economic Demand Response Monthly MWh Reductions Real-Time Activity PJM P age

17 Figure 22: 2017 Economic Demand Response Monthly Energy Market Revenue Figure 23: 2017 Economic Demand Response Monthly Energy Market Revenue Day-Ahead Activity Figure 24: 2017 Economic Demand Response Monthly Energy Market Revenue Real-Time Activity PJM P age

18 Figure 25: 2017 Economic Demand Response Energy Market Cost Allocation by Zone Figure 26: 2017 Economic Demand Response Day-Ahead Energy Market Cost Allocation by Zone PJM P age

19 Figure 27: 2017 Economic Demand Response Real-Time Energy Market Cost Allocation by Zone Figure 28: 2017 Load Managment Demand Response Monthly Capacity Revenue from RPM PJM P age

20 Figure 29: 2017 Economic Demand Response Dispatched vs Settled Real-Time Energy Market Summary Figure 30: 2017 Economic Demand Response Cleared vs Settled Day-Ahead Energy Market Summary PJM P age

21 Figure 31: 2017 Economic Demand Response Regulation Market Participation Figure 32: 2017 Economic Demand Response Synchronous Reserve Market Participation Note: For Figures 31 and 32 above, MWh=sum of the settled MW. Example: 1 MW load available for 12 hours = 12 MWh. PJM P age

22 Figure 33: Economic DR Synchronous Reserve Penetration Distribution (Box-plot) for 2017 Notes: 1) Economic Demand Response are Tier2 resources. 2) Percents shown on upper whisker are maximum hourly DR percentage of Total SR Requirement. 3) The Box-plot depicts the distribution of DR hourly assigned (as a percentage of the Total requirement) for a month: PJM P age

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