Tuesday, January 30, 2007

Demand Response Savings in PJM

Yahoo! News:
A study has found that a modest reduction in electricity use during peak hours would reduce energy prices by at least $57 million to $182 million annually in the Mid-Atlantic region.

The study, prepared by The Brattle Group, examined the effects of reducing electricity use by three percent during the highest use hours for five utility areas. It notes that, "More widespread participation and deeper curtailments would result in even greater price impacts."

The five Mid-Atlantic public utility commissions and PJM Interconnection worked together on the study. The objective was to demonstrate actual savings possible from greater use of demand response.

See the report.