Southern California Edison (SCE) Selects APX Infrastructure for the California Capacity Bidding Program
Posted on: Wednesday, 20 June 2007, 12:00 CDT
APX, Inc., a leading infrastructure provider for North American environmental and energy markets, is pleased to announce that it has been selected as the technology and services provider for the Capacity Bidding Program (CPB) in California for Southern California Edison (SCE). The program is a successor of the California Demand Reserves Partnership program, and enables commercial and industrial customers to participate in demand response. APX had been the technology and services provider to the California Demand Reserves Partnership program since 2002.
Under the SCE Capacity Bidding Program, APX will provide systems and support for monthly program nominations, load curtailment event management, notification management, CAISO energy scheduling, baseline calculations and financial settlement. The system became operational on May 1, 2007 enabling SCE to manage load curtailment events and reduce peak electricity demand in California during the upcoming summer months. The contract award is for two years.
The Capacity Bidding Program allows end-use customers who are willing to shift or reduce their electricity load in return for capacity payments and energy payments if their electricity load is actually curtailed.
This establishes an economic mechanism by which peak electricity demand can be reduced during times of high demand. The benefit to society is that such programs tend to (1) reduce peak electricity prices during times of highest demand, (2) reduce overall total electricity demand and associated greenhouse gas emissions, and (3) reduce or delay the need to build new power generation capacity.
About APX, Inc.: APX is North America's leading infrastructure provider for environmental markets in renewable energy and greenhouse gases, as well as corporate environmental management. APX technology is now the system of choice for every major renewable energy market in North America, including the PJM (GATS), ISO New England (NEPOOL GIS), WECC (WREGIS), MISO (M-RETS) and ERCOT (Texas REC) markets. Users of these systems include more than 400 of the nation's largest environmental commodity brokers, marketers, generators, and load serving entities. APX also provides technology, strategic consulting, and expert operational services to assist wholesale power market participants reduce costs and improve performance in power scheduling, settlement, market operations, and demand response programs. A privately held company, APX is headquartered in Santa Clara, CA. www.apx.com.
Source: Business Wire
Related Articles
- WTU Retail Energy Asks Texans to Reduce Electricity Consumption
- CPL Retail Energy Asks Texans to Reduce Electricity Consumption
- Direct Energy Asks Texans to Reduce Electricity Consumption
- Comverge Announces Multi-Year Demand Management Program with Progress Energy Carolinas
- Pacific Gas and Electric Company Announces the PeakChoice Program to Help Businesses Manage Their Energy Use
- The Tampa Convention Center Joins Other Green-Minded Organizations to Partner With Tampa Electric on the Company's Innovative New Demand Response Program for Commercial Customers
- Woodbine Entertainment Group to Rein in Power Consumption As Part of Direct Energy's Demand Response Program
- Con Edison to Initiate Energy Demand Reduction Programs in Lower Manhattan and Middle of Staten Island
- Two Major Connecticut Retailers Join The United Illuminating Company to Reduce Electrical Load This Summer
 |
 |
User Comments (0)
RSS Feeds