The ILS program is designed to incentivize large electricity consumers to reduce energy consumption during periods of high demand.
Reduction methods can include BESS to provide stored electricity during periods of high demand, turning off non-essential equipment, adjusting heating and cooling systems.
Payment to participating businesses varies based on the level of reduction achieved and the duration of the load shedding event.
Consumers to be on standby to reduce their electricity demand during conditions of tight power generation supply, in exchange for payment. For example, when during a power outage.
Under normal circumstances, commercial entities buys electricity on the open market at wholesale prices. Their backup power / emergency power sources are unused. This power may be offered to the energy market as standby load reduction participants for income.