Demand response refers to the process of adjusting electricity usage in response to changes in demand or supply. It involves consumers reducing or shifting their power consumption during peak periods or when electricity is in high demand, usually in exchange for incentives or lower electricity costs. This helps to balance the power grid and maintain a reliable energy supply.
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«demand»
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- The paper provides an overview of the development of demand response programs in developed countries before detailing four typical types of programs. (cleanenergysolutions.org)
- This brings into consideration the role of demand response in other markets where the resource has an even greater presence. (utilitydive.com)
- The grid operator said it can and does account for demand response in planning and procurement decisions in the wholesale market. (utilitydive.com)
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