Demand Response is considered to be one of the smart grid’s emerging killer applications for utilities, grid operators, and power generators. But it can do more than help meet peak load. It can help provide ancillary services such as contingency reserves and regulation and load following.
We are on the verge of a new opportunity to use demand response to help meet this nation’s power supply needs in the 21st century. With interest in the integration of significant amounts of renewable energy, wide-spread deployment of plug-in electric vehicles, and more efficient use of our existing transmission and generation infrastructure, it is poised to complement these initiatives, having a central role in shaping the way the grid is managed and energy consumed.
Demand response can act as an ancillary service that responds just as quickly as an ancillary power plant would, in under a second or within minutes, depending on the type of ancillary service required. These conditions afford practitioners an opportunity to tap into an additional payment stream for their participation ancillary services.
Organized electricity and ancillary services markets are supporting demand response resources for ancillary services, and the set of rules and requirements for participation are unique to each market. This conference will cover the opportunities that exist in the ancillary service markets and identify challenges to market participation for a demand response resource.
Ancillary Services: Pushing the Frontiers of Grid Reliability and Energy Management
Power industry personnel who need a better understanding of ancillary services. Portfolio managers and traders responsible for formulating bidding strategies for ancillary services. Power plant and systems operations engineers who would like to understand the impact of ancillary services on their plant profitability. Demand response and aggregation services.
ABI Research, established in 1990, is a market intelligence company specializing in global technology markets. Our unique blend of quantitative forecasting and trend analysis helps us to quantify the important markets of today, define the strategic technologies of tomorrow, and provide insight on how technology is adopted into vertical markets.
Our clients rely on our services to uncover key market metrics and trends that are compiled through a combination of hundreds of comprehensive stakeholder interviews per year, technical intelligence from teardowns, years of collective market experience, vendor contributed data and end user research.
Navigant Research is a market research and consulting team that provides in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of these industry sectors.
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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Proudly based in Austin, Texas, Zpryme is a research-based advisory firm with services performed in two vital areas – business and consumer insights. With the forward-thinking direction of our associates we produce influential studies, reports, and advisory services that assist our clients in making strategic decisions.
By combining years of on the ground, relevant experience with superior quality custom research our practices such as Smart Grid, Consumer, China and Electric Vehicle Insights help clients maximize ROI. From BBC in the UK to China Confidential in Asia’s largest economy, major publishers reach out to Zpryme for the latest in business and consumer insights from around the globe.