California’s ground-breaking DRAM is underway.Are you taking full advantage?
In 2016, California’s investor-owned utilities (IOUs) launched the first ever Demand Response Auction Mechanism (DRAM) pilot. The project uses an open bidding process to enable the IOUs to secure enough demand response (DR) resources to meet their resource adequacy (RA) requirements for peak demand. The DRAM fulfills
Decision (“D.”) 14-12-024 – Decision Resolving Several Phase Two Issues and Addressing the Motion for Adoption of Settlement Agreement on Phase Three Issues (“DR Phase Two and Three Decision”) approved on December 4, 2014 by the California Public Utilities Commission (CPUC or Commission).
The first round of bidding for 2016 procured 40+ MW of resources—nearly double the goal of 22 MW. The second round for 2017 garnered 82 MW Participants are monetizing their load flexibility in new ways and the California Independent System Operator (CAISO) has help balancing and integrating the growing number of renewables.
This is a game-changing opportunity to participate directly in the wholesale market. Olivine is working to help demand-side resources achieve their grid services value through cost-effective integration. We believe a successful DRAM will catalyze new, clean energy resources and create a transformation of the electric grid.
Olivine, an active member of the DRAM working group, is a leader in facilitating grid services provided by distributed energy resources. The company is both a scheduling coordinator and demand response provider (DRP) in California and has created a unique technology platform, the Olivine DER Platform, which enables market access for demand-side and behind-the-meter resources.
Want to learn more? Contact Beth Reid, Olivine CEO,firstname.lastname@example.org
Information about each of the IOU DRAM offerings can be found on their website at the following links: