Demand response can be more than traditional load control if flexible power system support from programs aggregating customer-owned resources is properly valued, new research finds.
Utilities that recognize how price-based demand response, or PBDR, programs can change customer electricity usage through price signals may find them the most cost-effective planning option, a November 2023 Lawrence Berkeley National Laboratory, or LBNL, study found. But cost-effectiveness requires a complete analysis of factors that impact participation in and load reductions of PBDR programs, the study said.
