The Electricity Markets and Policy Group conducts public interest research on the smart grid and concepts, technologies and operating practices it enables from a market, policy, cost, benefit, and performance perspective. Through funding from the US Department of Energy, we provide technical assistance and research to state and federal policymakers, international organizations, the electric utility industry, academics, and others. Our work in these core areas focuses on analysis of smart grid policies and programs as well as customer response to time-based retail rate designs.
The majority of our work falls into the following three areas:
Primary Research on Design, Implementation, Evaluation, and Cost Benefit Analysis
EMP works with utilities and ISO/RTOs to help electric industry policymakers and stakeholders better understand key elements of demand response rate and program opportunities as well as technologies enabled by advanced metering infrastructure by conveying results of our rigorous analysis, experiences and best practices in the following areas:
Smart meters, smart thermostats and other new technologies provide previously unavailable high-frequency and location-specific information on energy usage. These vast, constantly growing streams of data, together with cutting edge analytics techniques, have the potential to provide novel insights into how people make energy decisions. Behavior analytics encompasses this emerging space of data science in which behavior and energy intersect.
U.S. Department of Energy (DOE) is working with several Smart Grid Investment Grant (SGIG) award recipients who are conducting special studies to examine acceptance, retention and response of consumers involved in time-based rate programs that include advanced metering infrastructure and customer systems such as in-home displays and programmable communicating thermostats.
The Energy Independence and Security Act of 2007 requires the Commission to conduct a national assessment of demand response potential, develop a national action plan on demand response, and with the Department of Energy develop a proposal to implement the national action plan.