Abstract

For decades, US regulators and policy makers coerced monopoly utilities to deliver a host of energy efficiency and load management services to their captive customers. It was an uphill battle. Now, in restructured electricity markets, the incentives to engage in conservation and load management are driven by market pull, not regulatory push. This paper describes the business proposition behind the concept of demand response (DR) . The basic idea is to provide economic incentives for customers with elastic and flexible demand to curtail usage so that other customers with more pressing needs can continue to be served. The idea is ripe for applications in regions where generation supplies are short and the delivery infrastructure cannot serve the peak demand.

Paper

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Panels of

Panel 2: Dynamics of Consumption

Panel 1: Assessment of Energy Efficiency Policy

Panel 4: Sustainable Energy Use in Buildings

Panel 3: Mobility and Transport

Panel 5: Energy Efficiency Markets & Financing Mechanisms

Panel 6: Energy Efficiency Under Joint Implementation & The Clean Development Mechanism

Panel 7: Energy Efficiency in Transition Economies