Introduction to the new DER Market in Connecticut run by Piclo Eversource and United Illuminating (UI)

This introductory webinar it will cover the following key areas:
- Overview of the market, compensation opportunities, and DER eligibility
- Introduction to Piclo and the Piclo Flex marketplace
- How to register and use Piclo Flex
- Key dates for participation

Register to participate on https://ct.picloflex.com/
To book a live demo of our platform or for more information, email flex-usa@piclo.energy

Transcript

1. © Open Utility Ltd July 2024 Introduction to the new DER Market in Connecticut run by Piclo Eversource and United Illuminating (UI)
2. Housekeeping 2 • Please mute yourself and turn off your webcam • Webinar will be recorded, and you will receive the link to the recording and presentation in the coming weeks • Submit questions throughout webinar in the chat – we welcome any questions you have! As we get started, please write in the chat: 1. Name 2. Organization 3. What you’d like to come away with post-webinar
3. Meet the team 3 Elisabeth Kalomeris Innovation and Growth Manager Mike Strahlman Chief Growth Officer Kelsey Devine Commercial Delivery Manager Travis Carless, PhD Grid Modernization Manager Michael Crowley Manager, Clean Energy Policy support@piclo.energy
4. Agenda 4 • Overview of the market, compensation opportunities, and DER eligibility • Introduction to Piclo and Key Dates • How to register and use Piclo Flex • Call to action / next steps • Open Q&A
5. IES project in Connecticut 5 • Eversource and UI have just launched a request for DER flexibility via the Piclo platform • Over 35 MW of flexibility • Winter 2024/25 season - Dec ‘24 - Mar ‘25 • PURA’s Innovative Energy Solutions Awardee • New revenue opportunities for DER and DR aggregators, owners, operators, and providers • If we get enough market participation – potential to become an enduring incentive opportunity in Connecticut, via PURA • We need you to engage with us for participation and feedback on the project What does this mean for you?
6. Why you should register, qualify, and upload your assets 6 Additional Value Multiply your footprint Free to use $ Net-new opportunity
7. Eligibility 7 Overall • Any DER aggregator or operator, DR provider, or non-residential end-customer that can provide flexibility to the grid can be considered a Flexibility Service Provider (FSP) • Participants must be a business: either a non-residential customer or aggregator of residential assets • FSPs may co-participate in other programs such as (but not limited to) the Connecticut Energy Storage Solutions, ConnectedSolutions, and/or ISO-NE Demand Resource Programs Asset Eligibility • All asset types are eligible for participation, including but not limited to electric vehicles (EVs), smart thermostats, batteries, heat pumps, commercial and industrial load, and back-up power.
8. Flex Service Providers (FSPs)* Independent Flexibility Marketplace Utilities and System Operators (SOs) SOs seek flexibility to reliably and efficiently manage their grids SOs pay Piclo to provide an end-to-end service Piclo Flex: An independent marketplace to source flexibility 8 FSPs actively manage fleets of flexible assets to maximize their returns FSPs bid to win contracts from SOs, respond to operational signals, and get paid Cloud-based SaaS marketplace *FSP = Any flexible energy provider - DER aggregators, project developers and owners, EVSE operators, smart tstat OEMs, etc.
9. How it works + key dates 9 Registration & qualification of FSPs Bid analysis & results Publish flexibility needs Company qualification Technical asset qualification Bid submission (Competitions /Auctions) Qualification Now open Qualification closes Friday September 27th 2024 Bidding open Monday October 7th 2024 Bidding closes Friday, November 1 2024 Decision notification Wednesday November 27th 2024 All dates subject to change
10. © Open Utility Ltd How to Register & Use Piclo Flex
11. For Support 11 1. Rewatch recording (to be shared after this) 2. Review Help articles and Getting Started Guides on our support page 3. Check the utility profile pages on the piclo website for any updates 4. Reach out to one of the following email addresses: a. flex-usa@piclo.energy for general questions about the program before registering on the platform b. support@picloflex.com for direct support on company and asset qualifications, and platform troubleshooting help
12. Upload your whole asset portfolio in Connecticut, even if your DERs don’t fall into the auction areas. If you show interest, we can advocate for a multi-year program scale-up for more auctions next year! Top tips to remember 12 1. Don’t leave things until the last minute 2. Never hesitate to reach out to us and ask for help 3. Give us feedback - we want the platform to make things easier for you
13. Call to action: what should you do right now? 13 1. Register on the platform - https://ct.picloflex.com/ 2. Set up a 1-1 with Piclo if you have any more questions 3. Complete company qualification questions and upload asset information All dates subject to change Qualification Now open Qualification closes Friday September 27th 2024 Bidding open Monday October 7th 2024 Bidding closes Friday, November 1 2024 Decision notification Wednesday November 27th 2024
14. © Open Utility Ltd Thank you