Demand response success: How to make programmes pay
Energy companies are under increasing pressure to accommodate energy efficiency, control load and integrate distributed energy resources such as renewables into the grid.
Demand response or demand management is an essential cornerstone in enabling this energy network of the future.
It is imperative for demand response to pay to ensure its success and enable consumers to play a significant role in the efficient operation of the electric grid and enable utilities to deliver an engagement platform.
3 ideas for demand response success
Our analysis has identified three key impact areas:
Engerati and our industry experts will share their work and knowledge on each of these impact areas through in-depth analysis, guest presentations, case studies and articles to show how they interplay and fit together.
Tailored information can help consumers better understand their consumption habits and most importantly allows consumers to value their flexibility. The role of aggregators needs clarity as models vary both nationally and internationally. Utilities are looking to reward EV owners for helping to balance the power supply and demand.
Join the In Focus programme
Check out the sessions and sign up to discover the keys to demand response success.
How can energy companies unlock consumer flexibility to unleash the value of demand-side management? Engerati analysts and industry experts join in this live energy webinar to present three ways to turn demand response programmes into significant energy savings.
Demand response programmes have a huge potential to save energy. If just 5% of the UK's current peak electricity demand was met by demand side response, the energy system would be £200m a year cheaper to run and end-users could benefit by up to £790m, according to the UK National Infrastructure Commission’s Smart Power report.
Demand response - how to unlock energy efficiency success
We have identified three key demand response impact areas and have invited top experts to share their knowledge and use cases for each of the topics below:
Impact 1: Large energy consumers
Consumers can re-arrange their production or operation schedule in order to shift electricity consumption to times when prices are lower. Large sites may even have dedicated staff in charge of optimising consumption and piloting demand response.
Impact 2: Aggregator business models
Third-party energy aggregators engage users to participate in demand response curtailment and sell the combined load reduction to utilities and ISOs. The aggregator takes a percentage of the demand response incentive as compensation, passing the rest on to the end user.
Impact 3: Electric vehicles (EVs)
An important support in demand response programmes can be provided by electric vehicles. EVs may behave as a load to the grid, a supplier of electricity to the grid or an energy storage device.
Get involved and ask the experts
Following our presentations, you will have the chance to ask your questions to our experts. Share your opinions with your peers and most importantly understand the fundamental impact to your business and the transformation opportunities.