SEA’s Wholesale Market services supports clients using our expertise in wholesale energy, capacity and ancillary service markets and transmission interconnection and planning, including assistance in understanding, navigating and influencing the various ISO/RTO stakeholder processes, market rules and tariff provisions. Focusing on issues pertinent to the participation, economics, risks and opportunities for renewable energy and energy storage in the Northeast Regional Transmission Organizations. If you are not highly experienced in these complex markets, or if you are but lack the staffing resources, SEA’s experts can help you find your way faster and more cost-effectively than getting fluent or doing it yourself, and can help you avoid traps, pitfalls and unknowns. SEA can provide support and expertise in the following areas:
- Understanding Wholesale Market Structure and Design including:
- Capacity market participation:
- Completing capacity market show of interest and qualification
- Supporting sponsors in review of projects by independent Market Monitor (to overcome FCM mitigation rules)
- Analyzing entry and exit strategies under ISO New England’s new ‘CASPR’ FCM substitution auction
- Integrating storage, renewable energy and distributed energy resources
- Energy and capacity bidding and offer strategies
- Understanding Interconnection Issues under the Transmission Tariffs including:
- Assessing issues and options, including network transmission upgrade alternatives
- Navigating the interconnection cluster study process
- Monitoring the transmission planning process and its implications
- Completing the standard interconnection process
- Strategic Analysis including:
- Analyzing existing market rules, market trends and emerging issues
- Evaluating the potential implications of proposed changes to market segments or specific clients
Helping clients identify strategies to take advantage of opportunities and mitigate any adverse impacts Market entry assessments for various resources:
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- State and Federal Policy Integration
- Revenue Analysis including:
- Quantifying wholesale market revenues for storage, hybrid and renewable projects
- Analysis of risks to revenue streams
- Implications of congestion and curtailment
- Value of adding storage to renewables
- Value of importing/ exporting to neighboring regions
Interactions with non-wholesale market revenue streams
- NEPOOL Stakeholder Process representation including:
- Attendance at and reporting from NEPOOL Participants’ Committee and/or its primary technical committees: Markets Committee, Reliability Committee, Transmission Committee as well as the Planning Advisory Committee (PAC) and other subcommittees or working groups
- Reporting on meeting content and outcomes
- Providing strategic advice and guidance on positions to take on matters before committees.