ENVS 4401 Lecture Notes - Lecture 3: Market Participant, Energy Landscape, Distributed Generation
Document Summary
Simple definition of dr change in when electricity is used based on different price and/or incentives. 10% electricity infrastructure costs due to last 1% of time used. Cold storage facilities can keep cool for 5-7 hours without cooling. 3 energy cost drivers: how buy, how much & when. Benefits of dr: > competition in capacity mkts, < capex infrastructure costs, integrate variable sources, ancillary services,