The Energy Market Methods Consortium (EM2)​ is an energy industry collaboration to create and curate market methods and algorithms, with a focus on distributed energy resource grid impacts, regulatory planning, and data privacy. EM2 is supported by industry stakeholders committed to collaboration on methods designed to reduce the costs of scaling demand-side energy programs and procurements.

The methods development process is split into multiple working groups, each representing a core challenge in developing scalable energy markets. The core tenets uniting the methods development processes are transparency, empirical testing, and consensus.

EM2 is a project affiliated with LF Energy with governance mirroring the Joint Development Foundation (JDF), which is also part of the Linux Foundation. Governance is described in the charter. The EM2 Steering Committee is composed of organizations currently using the CalTRACK methods in their pay for performance programs, and vendors who are paid based on these results. EM2 members can participate in any working group.

Project Details

Energy Market Methods Consortium (EM2) has developed and is maintaining and improving standardized methods, linked to open source code, to enable demand flexibility as a resource, supporting energy programs and distributed energy resource (DER) ​markets. It is made up of industry stakeholders committed to collaboration to reduce the costs of scaling demand-side energy programs and procurements.

The methods development process is split into three working groups, each representing a core challenge in developing scalable energy markets on the demand side. The core tenets uniting the methods development processes are transparency, empirical testing, and consensus.

The following three working groups are focused on standard methods:

• CalTRACK – calculating avoided energy use
• GRID – adjustments to avoided energy use for grid integration
• SEAT – enabling secure data sharing

EM2 partnered with LF Energy in 2019. A diverse group of stakeholders that includes utilities, regulators, evaluators, software companies, and load shape aggregators, initiated and continue to govern the group established through a multi-year process that was initially led by Recurve.