As summer heats up, we take a look at the leading players, and who to watch, in the world of demand response.
Ah, summertime! Nothing but long days complete with ice cream cones, sandy beaches and peak load management. As temperatures smolder in the 90s after hitting triple digits early in the season, electricity demand is soaring around the country, hitting near record highs in some regions.
While demand response was already a hot topic in smart grid circles (not to mention load shedding, which has been around longer than the phrase 'smart grid'), it has become absolutely necessary during these periods of critical peak demand. And this might be just the beginning. The Federal Energy Regulatory Commission estimated there was a reduction of 37 gigawatts in peak demand from demand response in 2009, and FERC projected that the figure could jump to 188 gigawatts in 2019.
Demand response is also shifting these days from just shedding that critical peak load to offering more constant management, a trend that is altering the field, creating opportunities for the current players, and carving openings for other companies looking to get in on the action.
To read the full, original article click on this link: The Top Five Players in Demand Response : Greentech Media
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