The importance of smart grids and their related technologies is no longer theoretical. Despite the unprecedented heat wave scorching large swaths of the United States, utility companies have been able to prevent outages and handle the intense power demand throughout the lingering triple digit temperatures. Utility execs credit demand response with helping them navigate through the heat wave.
EnergyConnect has been awarded an exclusive multi-year contract with West Penn Power, a FirstEnergy utility, to help meet the requirements of Pennsylvania’s Act 129, which mandates reducing peak demand for electricity by four and a half percent by May 31, 2013. By using the company’s GridConnect integrated demand response platform, eligible customers will have the opportunity to increase their demand response participation in a way nit possible with traditional grid-dispatched capacity programs.
The Demand Response and Smart Grid Coalition (DRSG) announced it supports proposed legislation in the United States Senate that would empower electricity consumers to better manage their energy use and reduce their energy bills.
Energy management specialist Schneider Electric has introduced the debut of Energy University, a free, vendor-neutral, online educational community that provides the basics needed to implement successful energy efficient solutions scaling various applications.
Later this year 800 Arizona Public Service (APS) customers will participate in a two-year Home Energy Information pilot to test a range of smart technologies designed to provide them with more control over their energy use. Customers will be able to see their energy usage displayed in real time on countertop devices, personal computers, and smart phones, enabling them to change daily habits in response to the data they are given.
Effective May 1, Ross Malme is joining Skipping Stone as Partner and the Board of Directors as an equity owner. Malme, who will lead business and corporate development for the growing areas of Demand Response, Smart Grid and Energy Technology, will be based out of Skipping Stone’s Atlanta office.
GreenHouse Holdings, which provides energy efficiency solutions and sustainable facilities products, is partnering with EnergyConnect to offer customers integrated energy management and automated demand response (Auto-DR) services. EnergyConnect’s integrated demand response platform enables participants to earn capacity payments for agreeing to shift or reduce power consumption during times of peak demand. GreenHouse is a qualified…
Constellation Energy announced it will acquire energy management and demand response provider CPower, which designs and manages programs that enable commercial, utility, and public sector customers to reduce electricity demand during peak demand periods. The acquisition expands Constellation Energy’s total demand response capacity to 1,500 megawatts. The deal is expected in the fourth quarter of 2010. Terms were not disclosed.
EnergyConnect Group Inc. has launched GridConnect, an integrated software platform that facilitates participation in next-gen demand response programs. GridConnect provides commercial, institutional, and industrial consumers with real-time energy information and empowers them to meet their energy needs through an optimal mix of demand response strategies.
In regulatory proceedings involving business cases for advanced metering infrastructure, the benefits of dynamic pricing often play a prominent role. Several studies have shown that dynamic pricing can provide substantial benefits to utilities and customers. It does so by lowering peak demand during hours when the power system is experiencing critical conditions such as extremely high prices or threats to reliability. Hence, dynamic pricing results in avoiding expensive capacity and energy costs in the long term and lowering wholesale market prices in the short term.