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Meeting the nation's demand for power: a new take on demand programs.
In an effort to get the nation's crippled electricity markets up and running, market administrators have begun to establish demand-bidding programs that pay large commercial and industrial customers to reduce their electric use when wholesale prices rise. Customers are usually shielded from the fluctuations of wholesale prices, so they don't reduce consumption when prices rise. As a result, without intervention, prices can spiral out of control.
But many economists say demand-bidding programs are more difficult to administer and less effective than dynamic pricing, in which retail customers face wholesale market price fluctuations, and so have a natural incentive ...
- Demand Response in Electricity Markets Changes Roles; Increases Opportunities.
- Press release article from: PR Newswire October 18, 2005 700+ words
...to October 2005. Demand response (DR) refers to...to the growth of demand response," said Tom Brunetto...Retail and wholesale electricity markets have not been well integrated. Effective demand response transmits price signals...
- PLMA/IEA Announce Demand Response Project.
- Press release article from: Business Wire May 29, 2003 700+ words
...establish demand response as an integral...competitive electricity markets and to develop...forward for the demand response industry...liberalization of electricity markets. "Modern...value of demand response in making competitive electricity ...
- PLMA, International Demand Response Experts Define Cooperative Project.
- Press release article from: Business Wire September 23, 2003 700+ words
...build an international demand response infrastructure project...for the delivery of demand response into emerging or existing liberalized electricity markets. This action plan will deliver Demand Response Resources (DRR) into...
- EnergyConnect's Smart Grid Technology Recognized as Leading the Demand Response...
- Newspaper article from: Technology Business Journal May 19, 2009 700+ words
...increasingly recognizing demand response as a customized stimulus...delivers industry leading Demand Response technologies and services...community of expertise on demand response and its role in creating efficient electricity markets. Through this community...
- Alison Silverstein, FERC to Present Keynote Address at CBI's 3rd Annual Demand...
- Press release article from: Business Wire January 22, 2004 700+ words
...that wholesale electricity markets will have on demand response programs in...on "Moving Demand Response from an Emergency...Consistent Force in Electricity Markets." Benefit...gained with Demand Response Programs from...
- UISOL Delivers Next Generation Demand Response Management Application to PJM...
- Press release article from: PR Newswire July 8, 2009 700+ words
...continued, significant growth of demand response in the years ahead. Demand response involves consumers reducing...side programs in its wholesale electricity markets. PJM sought a new, flexible demand response management system to allow...
- Apogee Interactive CEO Says Demand Response Trading Still Embryonic But Viable...
- Press release article from: Business Wire November 8, 2001 700+ words
...today's regulated retail electricity markets interact only occasionally...wholesale markets, "Trading demand response doesn't get included...Gilbert acknowledged that demand response, like all other commodities...new market where customer demand response capabilities ...
- NYISO to Host Symposium on Energy Efficiency, Demand Response and Advanced...
- Press release article from: Business Wire June 7, 2007 700+ words
...efficiency, demand response and advanced...wholesale electricity markets operated...energy and demand response resources...participate in our demand response programs...wholesale electricity markets. The NYISO...