Demand response and its energy efficiency potential
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
How will the energy transition impact the need for added flexibility in our energy system? Jelle Meersmans from renewable energy supplier Lampiris, now part of the French Total group will explain the challenges and opportunities this could bring to large energy consumers by participating in demand response programs. Meersmans will give some examples of industry sectors that are ideal candidates to provide flexibility and therefore financially benefit from the energy transition.
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.