CEOCFOinterviews.com interviews EnergyConnect’s CEO Kevin R. Evans. “What we see is that price based demand response is a new and emerging counterbalance to the escalating price of electricity. If you are able to respond to high electricity price signals then you can avoid those higher costs by engaging in demand response.”
Interview conducted by: Lynn Fosse, […]
2010 is developing into a year of expansion for Demand Response in many regions including regulatory changes, smart grid funding and partnering with renewable energy resources to maximize participation. FERC’s Order 719 on organized markets has resulted in development of market design changes enabling more retail customers to economically provide Demand Response-based services in markets. […]
There are some exciting changes coming in Demand Response markets across the country. Hear about EnergyConnect’s proactive efforts to increase benefits for Demand Response from CEO, Kevin R. Evans.
Q: In the mid-Atlantic PJM region, what difference will the incentive proposal make in the Economic Load Relief program?
A: In the PJM market, there is a proposal […]
EnergyConnect appreciates that no two customers are alike. In fact, different facilities within the same customer are typically quite unique. EnergyConnect’s account teams are poised to meet with customers to better understand their operation’s electricity consumption, consult on curtailment strategies and to tailor a plan that optimally meets the clients’ priorities and needs.
An essential element to successful […]
One of the few positives of the current economy has been reduced electricity prices at the wholesale level. However, as the economy recovers, electricity prices will increase in response to increased demand. Other factors driving increased costs are removal of rate caps in many states with open retail markets and the effect of ever higher emissions […]
Congratulations and thank you to the hundreds of organizations successfully participating in EnergyConnect’s event-based reduction programs this summer. With energy use at reduced levels, none of the EnergyConnect programs were called on this year. Nonetheless, your commitment for being on standby to reduce load is a significant service to the power grid.
With the 2009 season behind us, […]
Enrollment for the EventConnect ILR capacity program in the PJM/Mid-Atlantic region is now open. Unlike other regional demand response programs, the EventConnect ILR program offers a choice of two methods to quantify load drop. Customers may elect to reduce to a Firm Service Level (FSL) or provide a Guaranteed Load Drop (GLD). What differentiates the […]
”Customers don’t understand price; they don’t understand that electricity is priced every hour and the effect that could have on their businesses. So we want to help educate end users on the market prices of electricity, their usage profile and, in turn, how they can shape
their use to lower their overall cost of electricity.”
TWST: Would […]
Bryce Dille thinks that companies working on energy efficiency and building the “smart grid“ have the best short-term prospects of the alternative energy stocks he follows. This trend is above all the result of the economic downturn; contributing to the interest in efficiency is the change in Washington, which has caused some short-term disruption and […]
The concept of demand response seems to be gaining momentum, especially in context with the smart grid. What does this mean for demand response and what can we expect in the future?
Although demand response adoption seems to be widespread in some geographies, we are really just at the beginning. A recent study commissioned by FERC […]
Effective curtailment planning is a key success factor in any demand response strategy. Defined as a proactive planning process to temporarily decrease electricity consumption, thoughtful and creative curtailment planning can maximize cost savings, reduce emissions and generate revenue during voluntary and event-driven demand response.
EnergyConnect’s engineers and support teams work with each customer to review their specific operational environment and […]
Research shows that the US economy has the potential to reduce annual non-transportation energy consumption by roughly 23 percent by 2020, eliminating more than $1.2 trillion in waste – well beyond the $520 billion upfront investment (not including program costs) that would be required. The reduction in energy use would also result in the abatement […]
With summer in full gear, during the day we may not realize how much opportunity there is around us to reduce our energy bill. With small, temporary energy reductions at home and in the office, less turns out to be more.
1) Taking Cover – Often the air conditioner will kick on and run higher than […]
Electric utilities are increasingly offering energy-efficiency programs, but there’s a good chance their customers don’t know about them. That’s according to a survey by market research firm Gartner that found that the vast majority of respondents said they were willing to participate in programs that could help them reduce energy bills.
This article from cnnmoney.com demonstrates […]