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Demand response can save a significant amount of energy through more efficient matching of supply generation with demand. From the 2008 FERC Survey: 2008 FERC Survey asked respondents to provide estimates of the potential peak load reductions (in MW), actual peak reductions (in MW), potential MWh change and actual MWh changes as of the end of [...] From the 2008 FERC Demand Response and Advanced Metering Survey, here is what different ISOs are proposing to the FERC regarding their intentions for implementing demand response smart grid application technology: Midwest ISO: FERC conditionally accepted the Midwest ISO’s proposal to implement a dayahead and real-time ancillary services market. The market design provides for the integration [...] Florida and Texas lead advanced metering penetration, well ahead of other regions in the United States and Canada. Advanced Metering Penetration by Region Source and text: 2008 FERC Demand Response and Advanced Metering Survey, Figure II-3. Smart demand response can minimize congestion, increase efficiency within markets, and enhance reliability of the entire energy/electricity system. Demand response is one of the most important smart grid applications! Read more in 2008 FERC Demand Response and Advanced Metering Survey Incorporating demand response resources into planning horizons and load forecasts allows transmission providers more accurately understand the energy needs of their areas, thereby deferring or offsetting investments in new peak generation or transmission. Demand response is one of the most important smart grid applications! Read more in 2008 FERC Demand Response and Advanced Metering Survey There have been significant increases in advanced metering in the US since 2006. The results of the 2008 FERC Demand Response and Advanced Metering Survey (2008 FERC The Smart Grid will enable real-time pricing of electricity. Definition of real-time pricing – Energy prices that are set for a specific time period on a forward basis and which change according to price changes in the market. Prices paid for energy consumed during these periods are typically published to energy consumers in advance – (“day-ahead [...] The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The first is: Improved interfaces and decision support, to amplify human decision-making, transforming grid operators and managers quite literally into visionaries when it come to seeing into their systems. Source: US DOE “The Smart Grid: An Introduction.” PR: wait… The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The first is: Advanced control methods, to monitor essential components, enabling rapid diagnosis and [=-precise solutions appropriate to any event. Source: US DOE “The Smart Grid: An Introduction.” PR: wait… The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The third is: Advanced components, to apply the latest research in superconductivity, storage, power electronics and diagnostics Source: US DOE “The Smart Grid: An Introduction.” PR: wait… |
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