Prusha Hasan

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How Energy Efficiency and Demand Response are Turning Electricity Supply and Demand Upside Down – and Saving Money

Posted by Prusha Hasan on Jun 29, 2020 12:30:00 PM

IssueBrief EE & DR-1

In the last decade, technology has changed nearly every facet of our lives. We’ve traded in touch-tone phones for smartphones, replaced cabs with ride sharing apps, and upgraded bulky desktops for sleek laptops. While technology has changed life in so many dramatic ways, less obvious, but no less dramatic is the way technological advancements have changed the way we use electricity. Most notable is the way technology has allowed us to gain control over electricity demand, through energy efficiency and demand response. The challenge now is to make sure that newfound power to reduce and manage demand gets fully utilized in wholesale electricity markets.

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Topics: Wholesale Markets, Energy Efficiency