{"id":6988,"date":"2023-07-24T08:00:09","date_gmt":"2023-07-24T12:00:09","guid":{"rendered":"https:\/\/cpowerenergy.com\/?page_id=6988"},"modified":"2023-07-21T18:30:50","modified_gmt":"2023-07-21T22:30:50","slug":"cpower-applauds-dte-energy-for-including-innovative-demand-response-procurement-mechanisms-in-integrated-resource-plan","status":"publish","type":"page","link":"https:\/\/cpowerenergy.com\/who-we-are\/newsandhappenings\/cpower-applauds-dte-energy-for-including-innovative-demand-response-procurement-mechanisms-in-integrated-resource-plan\/","title":{"rendered":"CPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan"},"content":{"rendered":"

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Newsroom<\/h1>\n

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CPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan<\/strong><\/h1>\n

The Plan Would Allow the Michigan Utility to Meet Grid Reliability Goals by Including Third-Party Aggregated Demand Response in Capacity Procurement For the First Time <\/em><\/p>\n

BALTIMORE \u2013 July 24, 2023<\/strong>\u2014 CPower Energy (“CPower<\/a>“), the leading, national Distributed Energy Resource (DER) Monetization and Virtual Power Plant (VPP) provider, today announced its support of the settlement agreement in DTE Energy\u2019s proposed CleanVision Integrated Resource Plan<\/a> (IRP), which for the first time will allow the Michigan utility to procure demand response (DR) resources aggregated by third parties to meet energy capacity requirements and decarbonization goals. By leveraging customer load flexibility, DTE will meet growing energy needs at a lower cost while also rewarding Michigan energy users for providing services to the grid. Such innovative procurement mechanisms are in line with those included in CPower\u2019s demand response framework for midwestern energy stakeholders<\/a> released last year.<\/p>\n

Developed over the past two years with the input of DTE\u2019s customers and stakeholders, including CPower, the 20-year CleanVision IRP dramatically transforms how the utility will generate and procure electricity to reliably meet the needs of Michigan\u2019s energy users while accelerating the retirement of coal plants. The settlement agreement is currently awaiting approval by the Michigan Public Services Commission.<\/p>\n

\u201cWe applaud DTE\u2019s leadership in including third-party aggregated demand response in capacity procurement,\u201d said Peter Dotson-Westphalen, Senior Director \u2013 Regulatory & Government Affairs, CPower. \u201cVirtual Power Plants made up of aggregated customer DR can provide clean, flexible energy capacity to meet the region\u2019s reliability needs. The carefully crafted demand response procurement and incentive framework included in the CleanVision Integrated Resource Plan settlement agreement is a win for Michigan\u2019s grid, energy users and environment.\u201d<\/p>\n

For years, many state commissions across the Midwest have been uncertain about their ability to regulate third-party DER aggregators, although Michigan and other states are now reevaluating their approaches to demand response due to projected capacity shortfalls<\/a> and the need to lower energy costs. CPower works closely with midwestern energy stakeholders to share its expertise managing the most flexible DER capacity in the US<\/a> across various energy markets to help utilities and regulators design frameworks that incorporate the various benefits that VPPs can provide the grid.<\/p>\n

About CPower Energy
\n<\/strong>CPower Energy is the leading, national DER monetization and Virtual Power Plant provider, creating the Customer-Powered Grid\u2122 that will enable a flexible, clean and dependable energy future. With 6.3 GW of capacity at more than 19,000 sites across the U.S., we unlock the full value of distributed energy resources to strengthen the grid when and where reliable, dispatchable resources are needed most. CPower is based in Baltimore, Maryland, and is owned by LS Power, a development, investment and operating company focused on the power and energy infrastructure sector. For more information, visit: www.cpowerenergy.com<\/a>.<\/p>\n

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Media Contact
\n<\/strong>Amy Nunnemacher
\npr@cpowerenergymanagement.com<\/a>
\n720-617-0877<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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[\/vc_column_text][vc_wp_custommenu nav_menu=”7″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row el_class=”fullwidth substage” css=”.vc_custom_1454252975933{background-image: url(\/wp-content\/uploads\/2016\/01\/test-bkg-image.jpg?id=47) !important;}”][vc_column][vc_row_inner][vc_column_inner][vc_column_text el_class=”subheading”] Newsroom [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row el_class=”intro”][vc_column][vc_row_inner][vc_column_inner width=”4\/6″][vc_column_text][\/vc_column_text][vc_column_text] CPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan The Plan Would Allow the Michigan Utility to Meet Grid Reliability Goals by Including Third-Party Aggregated Demand Response in Capacity Procurement For the First Time BALTIMORE \u2013 July 24, … Continue reading CPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan<\/span><\/a><\/p>\n","protected":false},"author":54,"featured_media":0,"parent":14,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[37],"tags":[],"class_list":["post-6988","page","type-page","status-publish","hentry","category-pr"],"yoast_head":"\nCPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan - 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