02 — Capability · BC-1570
Energy Supply, Markets & Flexibility
Secure enough energy at a fair cost for the customers a utility serves, schedule and settle it in wholesale markets, and use customer flexibility, customer generation and clean energy programs to balance supply and demand. Financial hedging and the utility's own energy use sit elsewhere.
- Energy Supply & Trading
- Power Supply Portfolio
- Wholesale Energy Supply
- Load Serving
In scope
- Supply portfolio planning and resource adequacy for the load served
- Wholesale market scheduling, settlement and imbalance
- Demand response, customer generation export and flexibility services
- Renewable certificates, green tariffs and customer energy programs
Out of scope
- Executing financial hedges on energy prices (see BC-230.30.20)
- Efficiency of the organization's own buildings and operations (see BC-820.20.30)
- Purchasing goods and services other than wholesale energy (see BC-620)
- Retail tariff design and rate approval (see BC-1580.10)
Decomposes into · 6
- BC-1570.10Supply Portfolio PlanningForecast the load the utility must serve and assemble a mix of owned generation, contracts and market purchases that covers it reliably at the lowest reasonable cost.
- BC-1570.20Wholesale Market Scheduling & SettlementBid, schedule and nominate energy in wholesale markets operated by an ISO, RTO, TSO or market operator, then reconcile the resulting settlements so the utility pays and is paid the right amounts.
- BC-1570.30Demand Response & Flexibility ProgramsPay or reward customers to shift or reduce their use when the system needs it, and dispatch that flexibility as a dependable resource for the grid and the market.
- BC-1570.40Customer Generation & ExportLet customers who generate their own power connect it, export the surplus and be credited fairly under net metering, feed-in tariff or export guarantee rules.
- BC-1570.50Renewable Certificates & Green TariffsProve and sell the clean attributes of energy, by tracking renewable certificates from creation to retirement and offering customers tariffs backed by them.
- BC-1570.60Customer Energy ProgramsHelp customers use less energy, switch to electric equipment and charge vehicles well, through rebates, audits and programs that meet regulatory savings and electrification targets.