Demand Response Offers Opportunity To Manufacturers

摘要

Unlike other commodities, electricity must be consumed almost immediately after it is created. As such, electricity needs to be in a constant balance between supply (generation) and demand (consumption). This dynamic forces the electric industry to be on standby with enough generation capabilities to handle an amount slightly greater than the maximum amount that all consumers at once could demand at any given time - accounting for grid losses and catastrophes. But consumer consumption of electricity is never static; it's always going up or down - depending on a variety of factors such as seasons, or simply the time of day.rnTo better manage these resources there is Demand Response. Put simply, Demand Response is the mechanism by which electric consumers reduce demand in response to changing supply conditions, such as price fluctuations, demand charges or a direct request to reduce demand when the power grid reaches critical levels.