TMCnet News
Global Demand Response TrendsNEW YORK, Jan. 11, 2016 /PRNewswire/ -- Global Demand Response Trends : Expansion of Distributed Generation Intensified by the Need for Demand Management Demand response (DR) models are enabling real-time analysis of customer demand trends and allowing the generation, transmission and distribution infrastructure to react accordingly. Growth in this market means utilities will increasingly invest in innovative technologies and predictive tools to reduce power generation costs as well as grid failures and outages. New communication technologies and supportive government regulations are imperative for its integration into the future energy system. This study provides a detailed evaluation of the growth opportunities around the world for DR solutions. Key Questions • As a result of global warming and climatic change, government agenda across the world have been stressing the need to reduce emissions. The most important methods of carbon reduction is to increase the amount of electricity produced by highly efficient distributed and renewable generation technologies and well as implementing energy sufficiency policies. • Demand Response programs have evolved into a complete demand-side management of energy and power. Extreme weather variations, declining energy reserves and increase in investment towards innovative distributed generation technologies have made it imperative for utilities to seek newer models supporting energy efficiency and energy management initiatives. • Dynamic pricing and tariff structures are some of the more common tools used to implement demand response programs. Smart meters and thermostats are increasingly being implemented in Europe and Asia. http://www.reportlinker.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-demand-response-trends-300202574.html SOURCE Reportlinker |