This recording of a June 15, 2021 webinar hosted by KX and CGI explores the recent Federal Energy Regulatory Commission (FERC) 2222 ruling and its impact on North American energy markets.
In September 2020, the FERC approved Order 2222, a ruling that enables distributed energy resource (DER) aggregators to compete in all regional organized wholesale electric markets. The new rule is intended to break down barriers to the adoption of new technologies to enhance competition, encourage innovation and reduce costs for consumers.
The executive roundtable discussion is moderated by Simon Boyer, Vice President, Utility Solutions Group, CGI U.S. Operations with the panel comprising Dr. Mani Vadari, President, Modern Grid Solutions, Przemek Tomczak, Senior Vice-President IoT and Utilities, KX and Mattijs van den Hoed, Vice President, Consulting Services, CGI.
Some of the key discussion points include:
- How will the incumbent market operators respond to the introduction of FERC 2222 and the move toward a new ecosystem?
- Are existing local state levels policies such as Net Energy Metering hurting the creation of the new ecosystem?
- Are we likely to see more proliferation of voluntary bid-based energy market systems such as energy exchange markets or energy imbalance markets?