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Demand Response Can Save Billions

Author(s): James Conca
Senior Scientist
UFA Ventures, Inc.
Date: February 27, 2015 at 1:00 PM

Generally, when electricity demand rises in an area, we just fire up some source like a gas plant or a coal plant, or put more water through a hydroelectric dam, to produce more electricity to meet that demand. But what about other users voluntarily shifting their use to compensate for that rise in demand? This concept of Demand Response sounds simple, but until recent technological developments, like a smarter grid and rapid energy communication and control systems, it wasn’t feasible since the response time needed to be in minutes, not hours. Some users can shift their energy usage to different… [more]

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