FERC Order 745

FERC Order 745, issued by the Federal Energy Regulatory Commission in 2011, requires electricity markets to pay energy providers for their power based on the value they provide, especially for resources that can quickly respond to system needs, like demand response. This means consumers who reduce their electricity use during peak times can earn payments, encouraging efficient energy use and ensuring stability. The goal is to integrate demand response fairly into the market, helping balance supply and demand, reduce costs, and maintain reliable electricity service.