Demand response involves users modifying their power usage to align with the current electricity demand. It is a technology that aims to lower energy costs by efficiently managing peak power and distributing the load within predefined constraints while ensuring overall power consumption for each consumer. It also provides users with optimized power usage patterns to minimize electricity expenses and offers guidance on the timing and extent of power usage adjustments based on electricity prices.
Minimize electricity cost by moving load during low electricity price periods or storing power in ESS
Estimated electricity usage (before DR)
Suggest optimal power usage within user-set load adjust able ranges
Suggest optimal results to minimize electricity cost while maintaining total daily usage
(= sum of predicted power usage)
Suggest optimal power usage patterns that do not exceed the peak power set by the user
Peak management refers to the efficient management of power usage during periods of high electricity demand or peak hours. It involves optimizing power consumption, spreading the load, and maintaining grid stability during limited power supply situations.
Load shifting in demand response refers to the practice of shifting power consumption from peak demand periods to off-peak or low-demand periods. It involves adjusting the timing of energy-intensive activities or equipment operation to align with times when electricity demand is lower. Load shifting is a key strategy in demand response programs aimed at optimizing energy usage and promoting grid stability.
