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OHMConnect the "Big Winner" in DRAM (Demand Response Auction Mechanism)

UkiwiSUkiwiS San DiegoPosts: 1,558Member, Moderator

https://www.greentechmedia.com/articles/read/californias-dram-tops-200mw-as-utilities-pick-winners-for-distributed-energ

"The big winner in this year’s round is OhmConnect, the San Francisco-based startup that has signed up lots of residential customers for its efficiency-rewards-through-market-participation program -- it hasn’t said exactly how many. OhmConnect won contracts with all three utilities for more than 30 percent of the total DRAM capacity for both years, GTM Research analyst Elta Kolo noted. That win far surpasses demand response incumbents, such as CPower and EnerNOC. "

Answers

  • UkiwiSUkiwiS San DiegoPosts: 1,558Member, Moderator

    If the Total DRAM capacity is worth $200 million does this mean that OhmConnect gets $60 Million dollars of it? What exactly does it mean and how is it calculated? Does it mean OC can sell back that amount of capacity or does it mean something else?

  • The Little Ohmer TwinsThe Little Ohmer Twins Union CityPosts: 1,012Moderator
    @UkiwiS_SDGE_User Where are you getting $200 Million from? The article only mentions 200 MW of contracts and SCE & PG&E only able to spend $12M each and $4M for SDG&E for DRAM.
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