Date & Time
Thursday, May 23, 2024, 11:00 AM - 11:45 AM
Session Type
Solution Showcase
Name
Enabling Demand Response to Generate Revenue and Lower Overall Energy Cost
Description

Demand Response plays a pivotal role in helping grid operators balance and stabilize the grid during the tightest period. Most Demand Response programs are designed to stabilize the grid before the grid operator must take a decision to shed firm load. In most organized wholesale markets Demand Response is treated at par with generators and are allowed to fully participate in wholesale energy and ancillary service markets. Depending upon the characteristics of load and customer choice, DR can generate revenue, lower wire charges, and assist in customer’ decarbonization goal. DR can also be enabled through Behind-the-Meter (BTM) assets like generators.  Please join us for a deep dive into demand response.