DEMAND RESPONSE TO GROW SIX-FOLD

Demand Response; Commercial & Industrial DR, Residential DR, and DR Management Systems: Global Market Analysis and Forecasts

2Q 2014 (Navigant Research)

“…[In the 1970s] DR was implemented as a component of the energy conservation focus of demand-side management (DSM) programs to encourage consumers to use less electricity during peak hours or to shift their energy use to off-peak times…As DR has become a larger part of the resource base, regulators and other market participants are calling for tighter requirements to ensure reliable operations and efficient markets. There are general economic market factors, like low natural gas prices and coal and nuclear retirements, that affect the growth path of DR as well. Navigant Research forecasts that global DR capacity will grow from 30.8 GW in 2014 to 196.7 GW in 2023…” click here for more

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