Market Solutions Meet Summer Grid Reliability Needs

January 27, 2022

Date: Wednesday, February 9th, 2022
Time: 12:00-1:30 PM Pacific
Who it's for: Regulators and Policymakers

Learn how the success of Recurve/MCE’s FLEXmarket set the stage for a new statewide approach to summer grid reliability in California.

Based on the success of MCE/Recurve’s FLEXmarket, the CPUC just approved $150 million to fund a new statewide “Market Access Program” (MAP) for summer of 2022 and 2023 in the wake of surging summer energy demand and sky-high prices. 

MAPs pay steep incentives to vendors for measured hourly energy reductions when the grid needs it most, regardless of how the load reduction is achieved. These payments match the actual value of energy usage – in some cases paying up to $800/MWh.

In this Power Association of Northern California virtual meeting, Recurve CEO Matt Golden, MCE Director of Customer Programs Alice Havenar-Daughton, and CPUC Supervisor Jeorge Tagnipes explain why the California grid emergency demanded a new approach to reliability, and how the success of MCE/Recurve’s FLEXmarket programs paved the way for the statewide initiative.  

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