We took particular note in the reference made to OneSteel’s curtailment of load at the times of peak price, and that they have utilised this approach as a means for securing (significantly) lower average cost of electricity over a year.
As you may be aware, we supply our deSide (www.deSide.info) software as a means for informing OneSteel of the timing of these curtailment opportunities.
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
We play an active role in facilitating the Demand Response of large energy users, such that they can assist in making the electricity market more efficient.
Wednesday 28th January saw demand across the NEM jump to unprecedented levels, setting a new record of 34,843MW at 16:00 NEM time. On Thursday 29th January, we saw the demand increase still further, leading to prices that stayed high for much of the day (to the point where the Cumulative Price Threshold was reached in VIC and SA and price caps were imposed), and a relatively small amount of involuntary load shedding occurring in VIC and SA.
For several days in early December, temperatures reaching 40 degrees in Queensland and New South Wales cause airconditioning load (and hence total demand) to soar in both regions.
The high demands resulted in very high prices being experienced in both QLD and NSW (and also the SNOWY region). Both VIC and SA were insulated from the high prices because (at least in part) of the fact that transfers over the SNOVIC interconnector were constrained to minimise negative inter-regional surplus
Laying out the framework for the analysis I’m doing for my presentation at All Energy 2015 – about the role Demand Response might play in a future market dominated by intermittent generation
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