Full Title: Pathways to Competition in Demand Response
Author(s): Devin Hartman
Publisher(s): R Street Institute
Publication Date: July 1, 2016
Full Text: Download Resource
Description (excerpt):
Demand response (DR) holds great promise to improve the competitiveness, reliability and environmental performance of the electricity system. DR refers to a system under which end-use customers earn compensation in exchange for an immediate reduction from their normal consumption patterns in the amount of electricity they use. Customers could reduce or shift their demand in response to an economic signal, such as a spike in wholesale prices, or an instruction from the grid operator, such as when grid reliability is threatened. DR comes in a variety of forms, including delaying the start of appliances or air conditioning, dimming lights or turning off factory machines.