What is EDRP and how does it fit into the NYISO operations with SRE?
EDRP is NYISO’s Emergency Demand Response Program. As the name states, this is a program designed to reduce load during a declared NYISO emergency, thereby helping to maintain the reliability of the bulk power system. Participation by NYISO customers is voluntary and no penalties are assessed if a customer is not able to respond to the NYISO’s call to reduce load. Customers must register for this program and meet minimum qualifications to be accepted into the program. For example, customers must be able to disconnect from the distribution network or reduce load by a measurable and verifiable amount. They must reduce a minimum of 100 kV/Zone and be able to respond within 2 hours of the notice from the NYISO. How do the participants benefit? For an emergency lasting 4 or more hours, participants will receive the higher of $500/MWh or the Real-Time Zonal LBMP during the emergency state. For an emergency lasting less than 4 hours, participants will be paid the prices above for a minimum of
