Voltus Marketing Demand Response To Customers On Competitive Supply In Michigan
Voltus, Inc. said today that, "it is the first aggregator of retail customers to bring Michigan-based customers into the Midcontinent Independent System Operator (MISO) demand response market through Alternative Electric Suppliers (AES)."
"We worked very closely with Michigan PSC staff to bring wholesale market demand response to any Michigan customer on competitive choice. Voltus was able to secure nearly 50 MWs of demand response for the 2018 program year while developing a backlog of more than 200 MWs of additional load for 2019," said Gregg Dixon, CEO of Voltus. "Competitive choice customers alone can bring more than 400 MWs of Michigan-based, clean capacity to market in MISO once fully enabled."
Voltus said that the Michigan PSC cases U-17990 and U-18369 addressed demand response implementation, "ultimately clarifying that AESs could satisfy their forward, local capacity demonstration through demand response resources that are registered with MISO."
"With forward capacity prices ranging from $95,000 to $250,000 per MW-year across Michigan utilities, choice customers are able to achieve tremendous capacity savings over bundled rates," said Matt Plante, President of Voltus.