demand response programs Tag

Demand response programs are opening up new opportunities for ESCOs to play a significant role in the operation and optimisation of energy grids. After all, ESCOs have a unique competitive advantage: they can combine their energy management expertise with granular customer insights to help reduce or shift their clients’ energy usage during peak periods in response to time-based tariffs or other incentives. Demand response also offers a great way to for ESCOs to extend energy services beyond efficiency by contributing to grid stability, safety and environmental sustainability while earning additional savings and opening up new revenue streams for their customers. But does this mean ESCOs will enter into competition with the new market players known as demand response aggregators?

A common myth among energy managers, operations engineers and process managers is that their operations are too small, specific or unique to be able to participate in demand-side response (DSR) programs. Good news: as demand-side management technologies advance and stakeholders push to open up this new market, more players (including smaller ones) are able to participate. That means you don't have to be a major power producer or heavy industrial user to participate in demand response anymore. In this post we'll focus on places you can look for demand response flexibility no matter what industry you're working in. Read on to discover where you might unlock your company's assets and open up new revenue streams for your business...