Globalcon - Greater Philadelphia Chapter Luncheon and Load Shifting in Response to Grid Management
THURSDAY, March 25, 2010 / 12:00pm
Chapter Luncheon and Presenatation on Load Shifting in Response to Grid Management
Luncheon Topic Presented by GPAEE
In today’s energy market environment of high costs and pricing volatility, organizations have tremendous opportunities to reap the benefits of load shifting and contribute to electric grid management. Our speaker will explore some of the options available to end-users.
We will talk about demand response programs and how they can provide revenue opportunities for energy end-users. By enrolling in these programs, participants agree to reduce their electricity consumption in response to peak system demand, grid emergencies or peak wholesale prices, thereby contributing to grid stability and lower market prices. Demand response can be a powerful tool in a company's overall energy management strategy. By participating in demand response programs, companies can earn significant revenue while simultaneously reducing energy expenses through lower consumption. These strategies can help offset the rising costs of energy and improve a company's bottom line. In addition, participation in demand response programs results in significant environmental benefits. By reducing the peak electric load on the grid, demand response participants help reduce the need for more power plants, lowering carbon dioxide and other emissions. At the same time, demand response participants reduce their own consumption of electricity and the associated carbon emissions.
Other load shifting strategies discussed will include peak load management ("economic reduction of electric energy demand during a utility's peak generation period.") and load shifting, which can include HVAC control system programming and upgrades, bi-level lighting controls, demand-limiting controls, load cycling, fuel switching, industrial PLC based load shedding control systems and thermal storage as well as the use of clean emergency generation for load shifting, cogeneration and distributed generation.
Other load shifting strategies discussed will include peak load management ("economic reduction of electric energy demand during a utility's peak generation period.") and load shifting, which can include HVAC control system programming and upgrades, bi-level lighting controls, demand-limiting controls, load cycling, fuel switching, industrial PLC based load shedding control systems and thermal storage as well as the use of clean emergency generation for load shifting, cogeneration and distributed generation.