Smart Demand Response (DR) is a technology-driven approach to managing electricity demand from customers. It enables utilities to reduce peak demand and manage energy costs by providing customers with incentives to reduce their electricity usage during peak times. DR programs typically involve customers receiving real-time pricing signals from their utility, allowing them to adjust their energy usage in response to changing market conditions. This can be done through automated systems, such as smart thermostats, or through manual adjustments. DR programs can also be used to support the integration of renewable energy sources into the grid, as they can help balance supply and demand. By reducing peak demand, DR programs can help reduce the need for additional power plants and transmission lines, which can help reduce emissions and improve air quality. Companies in the Smart Demand Response market include EnerNOC, Opower, AutoGrid, and Tendril. Show Less Read more
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