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Flexible Demand as a Resource
Efficiency, Demand Response, and Electrification
IEA Global Conference on Energy Efficiency
October, 2018
The Big Bad Duck
Four Years Ahead of CAISO Projections
Lots of
Renewables
but Nobody
Buying
What Is the
Problem We
Need to
Solve?
Fitting
Energy Efficiency
into
Distributed
Energy Resource
Markets
Demand
Response
Electric
Vehicles
Wind
Energy
Grid
Optimization
Solar
Power
Storage
Monthly Efficiency Doesn’t Fix
Time and Locational Problems.
We Need to Flex Demand.
Track
Efficiency
Impacts in
Real-Time
Calculating Real
Avoided
Costs
Calculating Real
Carbon
Reductions
Align Incentives with Pay-for-Performance
Business
Models
Grid
Resource
Resource Curve
Savings Comfort Health
AGGREGATORS
Services and
Products
Consumer
Finance
Project
Finance
Sales and
Marketing
Contractor
Management
RESOURCE
CURVE
Time And
Locational
Savings
Duck Curve
Resource Curve
Sending the
Right Price
Signal
• PG&E Residential Pay-for-Performance Program
• kWh rate + 3x Kicker for savings from 4pm to 8pm
• Payments based on CalTRACK / OpenEEmeter
Efficiency Risk is Manageable as a Portfolio
Project Finance: The long-term financing of projects
based upon projected cash flows rather than the balance
sheets of its sponsors.
Project
Finance
Market
Aggregators
Efficiency
Procurement
Performance
Insurance
Actuarial
Data
Metered
Savings
The Utility of
The Future
is the
Platform
OpenEEmeter
Resource
Curve
Pay for
Performance
Demand
Flexibility
Procurement
Matt Golden, CEO
mattgolden@openee.io

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