On Peak Hours Demand Resources Projects
New EnglandOn Peak Hours Demand Resources Projects, introduced by ISO New England (ISO-NE) in 2007, is a new type of resource established for the forward capacity market. On Peak Hours Demand Resources Projects provides compensation to electricity end-users based on a project's demand reduction value, including energy efficiency, load management and distributed generation projects. These types of resources are all eligible to participate in the forward capacity market and to receive transition payments.
CPower currently offers On Peak Hours Demand Resources Projects in Vermont, New Hampshire, Maine, Massachusetts, Rhode Island and Connecticut. The following resources qualify for On Hours Peak Demand Resources Projects:
- Energy efficiency: Defined as "installed measures and/or systems on end-use client facilities that reduce the total amount of electrical energy that would otherwise have been needed to deliver an equivalent or improved level of end-use service." Examples of energy efficiency resources include lighting retrofits, chiller, motors, heat pumps and HVAC replacements. Other efficiency measures may also qualify. Efficiency projects can earn revenue for the life of the project - up to 10 years..
- Load management: Defined as "installed measures, systems and/or strategies on existing end-use client facilities that curtail electrical usage from On Peak Hours Demand Resources Projects performance hours to other hours and reduce the amount of capacity needed to deliver an equivalent or acceptable level of service at those end-use client facilities." Examples of load management measures include energy management systems, load control end-use cycling, load curtailment strategies, chilled water storage and other forms of electricity storage.
- Distributed generation: Defined as "generation resources directly connected to end-use client load and located behind the end-use client's billing meter, which reduce the amount of energy and capacity that would otherwise have been drawn from the electricity network in the New England Control Area, provided that the capacity of the generation resource registered with the ISO does not exceed the most recent peak demand of the end-use client." Cogeneration and renewable energy systems are eligible.