The global electricity sector is in the early stages of its most dramatic transformation in over a century. The rapid expansion of distributed energy, combined with the newfound availability of data and analytics for utilities, will reshape how the world generates, distributes, and consumes power. Demand Response is a consumer’s ability to reduce electricity consumption at their location when wholesale prices are high or the reliability of the electric grid is threatened. In this sense, changing markets present opportunities for the prepared, and peril for the rest.
This event will unite industry experts, regulators, and technology providers to share cutting-edge ideas and examine market trends, to focus on how utilities can get the full benefit of Demand Response and Energy Efficiency programs, and to offer best practices for design and implementation of these programs. We predict that utilities and energy companies will continue to reorient their businesses around consumers, who are fast evolving into important partners. To effectively achieve this transition, utilities will need to collaborate with third parties that are pioneering new ways of engaging customers. Utilities will increasingly tap cutting-edge technologies as the anchor to communicate with customers and enable their participation in efficiency and demand response programs.
At the same time, consumers’ value as contributors to dynamic load management will continue to grow, warranting greater investment from energy companies in the form of incentives for enrollment in such programs. The transition to embrace consumers will drive the evolution of the grid for years to come, and 2017 will mark the cornerstone of this new mode of operation in the power sector. In contrast to commodities, which are mostly traded on global markets, electricity cannot be stored or exported. Available generating capacity cannot be increased on an hourly basis. Automatic load curtailment schemes (called demand response) have been allowed to participate in some markets, providing markets with some elasticity of demand as well as of supply.
As renewable generation becomes a significant fraction of the total, utilities are becoming base load providers, providers of capacity at peak times, and backup providers. Generally utility regulation has not yet come to grips with this fundamental change in the role of regulated utilities.
Demand Response and aggregations services. Power plant and systems operations engineers who would like to understand the impact of ancillary services on their plant profitability.
Power industry personnel who need a better understanding of ancillary services. Portfolio managers and traders responsible for formulating bidding strategies for ancillary services.
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The Demand Response Free Library is a collection of articles, white papers, presentations and reports designed to keep you educated and informed about the Demand Response Industry. You may download any of the content in pdf form for your own use. Please contact us for additional Demand Response research.
EBR (Energy Business Review) is a well established online knowledge portal for the entire energy community. Each industry sector has its own landing page with homepages and network sites drilling down into the relevant subsectors, providing you with the latest industry news, whitepapers, feature articles, suppliers directory, newsletters, and more. For the latest industry news and technical papers or to sign up to our free newsletter visit: http://bit.ly/2gMQmmm.
The IEC (International Electrotechnical Commission) brings together 170 countries, and close to 20 000 experts who cooperate on the global IEC platform to ensure that products work everywhere safely with each other. The IEC is the world’s leading organization that prepares and publishes globally relevant International Standards for the whole energy chain, including all electrical, electronic and related technologies, devices and systems. The IEC also supports all forms of conformity assessment and administers four Conformity Assessment Systems that certify that components, equipment and systems used in homes, offices, healthcare facilities, public spaces, transportation, manufacturing, explosive environments and energy generation conform to them.
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NWPPA is an international not-for-profit association representing and serving public power utilities in nine Western states and British Columbia. Membership includes a network of over 150 public and consumer-owned utilities employing over 25,000 workers and serving over five million consumers throughout the West. NWPPA also has over 300 associate members who provide goods and services to the utility industry. NWPPA’s value proposition includes premier education and workforce development (over 250 training events and major conferences); legislative and regulatory advocacy; and communication and information sharing through a weekly e-newsletter and monthly magazine for members.
Open Automated Demand Response (OpenADR) is an open and standardized way for electricity providers and system operators to communicate DR signals with each other and with their customers using a common language over any existing IP-based communications network, such as the Internet. As the most comprehensive standard for Automated Demand Response, OpenADR has achieved widespread support throughout the industry.
The OpenADR Alliance was formed by industry stakeholders to foster the development, adoption and compliance of the Open Automated Demand Response (OpenADR) Smart Grid standard utilizing existing standards from OASIS, UCA and NAESB.
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