Thursday, December 18, 2014

Demand Response Management Program

A Powerful Opportunity For Managing Your Electricity Costs

For organizations looking for new ways to manage their electricity costs, DEMAND RESPONSE can make perfect sense.  Demand Response is increasingly being recognized as an effective way to reduce the cost of power and the need to build additional electricity generation capacity. 


What is DEMAND RESPONSE?

DEMAND RESPONSE programs compensate participating industrial and commercial businesses for reducing their energy demand at specific times of power system need.  During such times wholesale market prices for electricity may be high, the power system is experiencing large peaks in demand, or there is a greater risk to the reliability of the electricity grid.

DEMAND RESPONSE can be incorporated into your business’ energy cost-management strategy in several different ways by reducing your equipment electricity use, generating your own power or shifting production to an off-peak period.

You can participate in Ontario’s DEMAND RESPONSE program in two different ways, depending on your facility’s electricity demand: 

DEMAND RESPONSE DR3

This contractual initiative offers higher incentive rates to large businesses in return for your firm commitment to take part in activation notices.


peaksaver 
PLUSTM For Small Business

If your business has central air conditioning and an annual electricity demand of less than 50kW, you’re invited to participate in this load management initiative.

Depending on which initiative you choose and where you are located in the province, you may also have the option to participate through your local electric utility or through a Demand Response Provider. Demand Response Providers are organizations that manage the demand response capacity of a number of facilities as an aggregated group.

 

No comments:

Post a Comment