Why Energy Budgets are like Credit Cards – and why that’s a bad thing
Have you noticed how much easier it is to buy something that you will pay off in a month- vs taking out all the funds from your checking account right now? It's the reason companies like Affirm are all over e-commerce these days. All those buy-now-pay-later commercials on TV work. Energy bills have the same effect. In most cases electricity and natural gas are charged on a monthly basis - this adds yet another level of dissonance between the energy used and the direct hit to the bottom line.
COVID-19 Recovery Post Hiatus & The Future of the ICI Program
Learn about the return and future of the ICI program.
Managing Battery Energy Storage Systems (BESS) with Blockchain – what are the advantages?
Read this blog to learn more about how Edgecom Energy uses blockchain systems to dispatch generation units.
The Industrial Conservation Initiative is Returning in May 2021
The ICI Program went on a hiatus in June 2020 to help industrial companies focus on production. The program will return in May 2021 so Class A facilities will need to ensure they have the plans and policies in place to manage Coincident Peaks once again.
What is a Peaker Plant?
Everyone’s heard of coal, nuclear and hydroelectric plants but what about base load and peak load power plants? Power plants are not only categorized by the fuel or energy source they generate power from but also by which load they serve – either base load or peak load. In the following short blog post, we will briefly outline the differences between these two categorizations of power plant.
Why IESO Power Data isn’t enough when ‘chasing peaks’ for Global Adjustment
Historically IESO data has worked out well. For the past 10 years, proactive Class A customers have been able to hit all 5 coincident peaks with 10-14 curtailments. Depending on your definition of curtailments and how much time you need to react, 14 curtailments a year to save up-to 40% on your hydro bill is a worthwhile endeavor.
COVID-19 will lead to a huge spike in Global Adjustment in 2021
In our last blog post; we explored the impact COVID-19 will have on The Ontario Electricity Demand and how this may impact the Top 5 Coincident Peaks for the Industrial Conservation Initiative (ICI) program.
Natural Gas Shortages
After struggling through supply chain shortfalls, product shortages and cost increases due to the COVID pandemic, consumers and grid operators have yet another shortage to deal with this winter: natural gas.
The next Demand Response Capacity Auction is Taking Place Soon.
Demand response (DR) allows consumers across Ontario to earn revenue from the IESO while reducing their emissions and helping the Ontario grid during times of stress, to participate, all consumers need to do is be available to curtail their load (reduce their demand) during short periods throughout the year. Edgecom Energy's deep knowledge of the IESO market, combined with our hands-on experience with energy management practices makes us the trusted Energy Management partner for some of Ontario's most recognized names.
What is a System-Backed Capacity Import Resource?
System-Backed Capacity Import Resources are one of the newer resource classes eligible to participate in the Independent Electricity System Operator (IESO)'s Capacity Auction. This raises the question: What is a System-Backed Capacity Import Resource?
Why Predicting the Top 5 ICI Peaks is Impossible Without AI
With the increased number of ICI participants and embedded energy resources like generators and battery storage coming onto the grid, predicting the top 5 coincident peak hours is increasingly difficult. Read on to learn why AI is a necessity for predicting the Top 5 Peaks.
Demand Response FAQ
Over the past few years, Edgecom Energy has gained a lot of experience as a Demand Response Aggregator in the Independent Electricity System Operator (IESO)’s Demand response program – now called the Capacity Auction. In this time, we have also received and answered a wide variety of questions from our customers relating to the program and how it works. In this post, you’ll find a selection of these questions and answers.