RESPOND Events – WEBINAR ENGERATI: Demand response trends powering the energy and utilities industry

RESPOND Webinar Engerati Demand Response

The term demand response (DR) refers to any initiative that offers electricity consumers the opportunity to intentionally shift their energy consumption either in response to price signals caused by peak demand or in exchange for an agreed-upon incentive. DR programmes, when combined with local renewable energy production and storage options, can significantly reduce peak demandresulting in energy and cost savings for stakeholders throughout the energy supply chain.

While demand response schemes have been widely implemented in the industrial sector where energy demand is typically higher, such solutions in the residential sector are still in their infancy, despite a huge untapped potential for better operational management, behaviour change and savings.

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