A Core Element for Smart Grid Implementation

MOUNTAIN VIEW, Calif., Feb. 15 /PRNewswire/ --

As the hype on smart grid continues, Frost & Sullivan takes a closer look at an essential element for rolling out smart grid technologies - demand response.  In this briefing, Frost & Sullivan evaluates customer willingness to adopt demand response, as well as the obstacles the market may encounter.

Via demand response initiatives, utilities expect to save millions by reducing investments on peak generation plants to support electricity demand. The commercial and industrial sectors have been compliant for years, using this as a venue to reduce operating costs generated from power-dense manufacturing and IT equipment. The success of this concept has led to the idea of expanding demand response to residential customers involving advanced versions of demand response technologies, and plans such as direct load control and dynamic pricing. It is assumed that the rollout of advanced meter infrastructure (AMI) will further enhance the adoption rate of demand response programs among residential customers.

This briefing will benefit equipment manufacturers, utilities, and service providers that are interested in a realistic market perspective of the U.S. smart grid demand response industry.

Supporting Quote

"One of the primary drivers for demand response is to reduce peak demand," states Saeed.  "While utilities experience temporary setbacks in electricity revenue due to the recession, investments to improve grid reliability are considered essential. Pilot tests have determined that residential customers who were provided with daily feedback on their electric usage through the Internet or in-home displays were able to reduce their electric usage by 11 percent. Hence, utilities are considering demand response as a viable solution for reducing peak demand."

Supporting Resources

For more information about Frost & Sullivan's Energy & Power Systems practice, please visit:

http://www.energy.frost.com.  

Registration

• To attend the briefing, email johanna.haynes@frost.com your full name, title, company name, company telephone number, company email address, city, state and country.
• Receive a recorded version of the briefing anytime by submitting the aforementioned contact details.

About Frost & Sullivan

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