Voltus Readies Nearly 500 MWs of Distributed Energy Resources (DERs) for Projected Midcontinent Independent System Operator (MISO) Power Shortfall This Summer
Voltus, Inc. announced its readiness to address a projected 5,000 MW shortfall in MISO this summer. With a current portfolio of nearly 500 MW, the company highlighted the risks of controlled outages due to a decrease in thermal generation and increased intermittent energy sources.
Voltus is advocating for the removal of state-level bans on demand-side resources, which could enable an additional 1,000 MW from its existing customer relationships. Regulatory changes are being urged from FERC to enhance grid reliability and affordability.
- Voltus is prepared to address the projected 5,000 MW shortfall in MISO with its nearly 500 MW portfolio.
- Advocacy for lifting state demand-side resource bans could add an additional 1,000 MW to its capacity.
- State-level bans on demand-side resources in 9 of the 11 MISO states limit Voltus's ability to meet demand.
- Potential risks of controlled outages if demand-side resources remain unavailable.
Voltus prepares portfolio in anticipation of a projected 5,000 MW shortfall in MISO, while calling on state regulators and the
"Voltus entered the MISO market in 2016 with the foresight that demand-side resources would be a necessary backstop as our electricity grid transitioned from traditional fossil fuel generation to intermittent renewable sources of energy,” explains
Plante explains that Voltus could be doing even more to help the electricity grid this summer. “We have been beating this drum for years: the reliability and affordability of the electric grid and the well-being of our communities are being jeopardized by state-level Public Utility Commissions’ (PUC) bans on demand side resources from participating in these markets. Nine out of the eleven MISO states that have banned aggregators from delivering all available demand response -
Voltus has been at the forefront of advocating for regulatory changes at the federal level, urging
Voltus encourages customers across MISO to prepare for this summer’s potential shortfalls by enrolling in DER programs immediately. Participating in these programs not only provides an early warning of pending brownouts and blackouts, but also creates an additional revenue stream for these businesses. To get started, email info@voltus.co or register for Voltus’s
About Voltus
Voltus is the leading software technology platform connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.
On
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FAQ
What is Voltus's role in addressing MISO's projected 5,000 MW shortfall?
What is the significance of the state demand-side resource bans for Voltus?
How does Voltus plan to influence regulatory changes for the demand response market?
What are the implications of the recent MISO Capacity Auction results?