Call it Load Response, Capacity Reduction, or Active Energy Management–it is another dimension of PRI services.
Load Response is a program whereby a client is rewarded by a utility for agreeing to reduce electricity demand at peak times. This program’s popularity grows and diminishes in tandem with the price of capacity. Clients ask PRI to help them decide if and how much they can reduce electricity demand, and to choose an appropriate provider of this service.
PRI Load Response Programs
There are a few variations to the Load Response program. Those offered by PRI include:
- Demand Response – The high electricity capacity prices set over the last few years are why this program is being heavily promoted. End users are paid for the commitment to reduce capacity in the event of an emergency. They are paid even if there are no emergency events in the season.
- Peak Response – By reducing PLC (peak load contribution – your building’s share of the grid’s peak demand), end users lower capacity cost for the following year. Suppliers make optional curtailment recommendations based on demand predictions.
- Price Response – When market prices are high, the supplier offers you a price to buy back some energy. Program participants have no obligation to accept.
PRI Complete Program Integration
Participation in Load Response programs through a variety of providers can be inefficient and lead to conflicts. Further, programs not integrated with the supply side can have negative cost implications. PRI analyzes electricity needs and integrates viable programs for a unified strategy. This eliminates potential conflicts, maximizes benefits, and allows for a continuous assessment of new opportunities.
PRI does not offer any Load Response program directly, rather managing energy demand programs the same way as energy supply programs, analyzing the feasibility of each program and making recommendations.