DERs and the Rise of the Peer-to-Peer (P2P) Energy Marketplace
- Oct 23, 2020 11:33 pm GMT
This item is part of the Special Issue - 2020-10 - Distributed Energy Resources, click here for more
As the electric utility industry prepares for changes ushered in by FERC’s approval of order 2222, a great deal of attention seems focused on the management of distributed energy resources and (DER) aggregators. Though the aggregator concept is not new, the debate on how those resources will be managed is becoming far more complex and interesting. According to order 2222, aggregators will be able to compete in all-regional, organized wholesale electric markets. While this benefits competition, there is significant research currently underway to expand the reach of this initiative and bring market accessibility to the microgrid level or individual prosumers. This could potentially circumvent the aggregator market and engage in a peer-to-peer (P2P) environment, thus enabling a completely new energy marketplace to emerge.
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