In numerous places, events are rapidly leading to the development of region
al power exchanges with visible hourly prices, which are open to purchases
by "direct access" customers. Currently, the vast majority of smaller custo
mers have meters that are not capable of recording hourly usage, so that th
ese customers are effectively precluded from power exchange purchases. Load
profiling is frequently suggested as an alternative to installation of hou
rly usage meters, which will allow smaller customers to participate in dire
ct access. This article describes how direct access load profiling can be i
mplemented, discusses the technical challenges, and reports the results of
a simulation study.