FERC Order 2222: Key Concepts and Ongoing Steps Towards DER Aggregations in Wholesale Markets

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IEEE PES Baltimore & Technical Presentation on December 5, 2022 from 12 PM to 1 PM Eastern Time. Please join us for this IEEE PES event and feel free to share the event with your network. Registration will be open until the night before the event. The virtual meeting information will be sent and emailed to registrants of the event. 


FERC Order No. 2222 will help usher in the electric grid of the future and promote competition in electric markets by removing the barriers preventing distributed energy resources (DERs) from competing on a level playing field in the organized capacity, energy and ancillary services markets run by regional grid operators. 

This rule enables DERs to participate alongside traditional resources in the regional organized wholesale markets through aggregations, opening U.S. organized wholesale markets to new sources of energy and grid services. It will help provide a variety of benefits including: lower costs for consumers through enhanced competition, more grid flexibility and resilience, and more innovation within the electric power industry.  The rule allows several sources of distributed electricity to aggregate in order to satisfy minimum size and performance requirements that each may not be able to meet individually.

FERC staff will provide an overview of the rule’s requirements and the compliance efforts to date.



  Date and Time

  Location

  Hosts

  Registration



  • Date: 05 Dec 2022
  • Time: 12:00 PM to 01:00 PM
  • All times are (UTC-05:00) Eastern Time (US & Canada)
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Meeting invite and video conferencing details will be sent out to registrants the morning of the event, December 5, 2022.

  • https://www.ferc.gov/media/ferc-order-no-2222-fact-sheet

  • Co-sponsored by Federal Energy Regulatory Commission (FERC)
  • Survey: Fill out the survey
  • Starts 14 November 2022 08:13 AM
  • Ends 04 December 2022 11:59 PM
  • All times are (UTC-05:00) Eastern Time (US & Canada)
  • No Admission Charge


  Speakers

Joe Baumann

Biography:

Joe is an Energy Industry Analyst in the Office of Energy and Policy and Innovation (OEPI) at FERC, and has been heavily involved in the rollout of Order No. 2222.  Joe joined FERC in 2015, after graduating from the George Washington University Law School.  Prior to joining OEPI, Joe worked in FERC’s Office of Electric Reliability.

Chris Young

Biography:

Chris is the Director of OEPI’s Division of Policy Development. Prior to his fifteen year career at FERC, he worked on energy policy in the consulting and non-profit sectors, primarily in the Northeastern United States, and is a graduate of Vassar College and Tufts University.





Agenda

12:00 PM - 12:05 PM - IEEE PES Baltimore chapter introduction of the Speaker

12:05 PM  - 12:40 PM - Presentation by Speaker 

12:40 PM to 12:55 PM - Questions and Answers (Q&A)



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