Demand Response
Demand Response (also known as load response) involves the end-use customer reducing their demand for electricity in response to power grid needs, economic signals from a competitive wholesale market or special retail rates. Some ways a demand response resource may reduce their electric demand are by dimming or turning off portions of lighting, by turning on back-up generation or by shutting down one or more electrical processes.
What it Mean$ to YOU
There are several ways that you can choose to participate in PJM Demand Response programs through KEYTEX Energy – your CSP. Your participation will allow you to receive monthly payments from PJM, through KEYTEX Energy. Demand Response programs are completely voluntary. Depending on which program you choose, the amount you get paid and your obligations to reduce consumption will vary.
KEYTEX Energy is a Qualified PJM market participant who acts as an agent, called a Curtailable Service Provider (CSP). CSP’s work with retail customers who wish to participate in demand response. CSP’s aggregate the demand of retail customers, register that demand with PJM, submit the verification of demand reductions for payment by PJM and receive the payment from PJM.
KEYTEX Energy will work with you to formulate a personalized strategy for participation in PJM’s Demand Response program by analyzing your curtailment ability based upon the load profile and operational constraints of your business.
| Program | Frequency | Notification | Duration | Incentive |
|---|---|---|---|---|
| Economic Load Response | Up to the Customer |
At least 1 hour | Up to the Customer | Based on wholesale prices |
| Emergency Load Response | Up to 10 times |
2 hours | 6 hours max Avg < 4 hours |
Paid whether you are called or not 1MW=approx $20-$30K/yr |
| Synchronized Reserve Market | Up to 5 times |
10 minutes | 30 min max Avg < 15 min |
Paid whether you are called or not 1MW=approx $40K-$50K/yr |
Your Energy Demand Response Partner
KEYTEX Energy is headquartered in Greensburg, PA. Our facility houses our state of the art energy trading floor as well our our team of energy professionals. Our qualifications to be your Curtailable Service Provider (CSP) include key personnel which have over 100 years of combined experience in the energy industry as executives, engineers, energy traders and system operators for companies including Allegheny Energy, Strategic Energy and PJM Interconnect.
No matter what your business, you can trust KEYTEX Energy to be your Energy Demand Response partner.
