Getting to Know Michael Khachiki: Expert in the Load Management Community - [an Energy Central Power Perspectives™ Expert Interview]
- Dec 26, 2019 3:41 pm GMT
The utility industry of yesterday was simply about generating enough energy to meet the growing consumption from customers as the only dynamic pulling between supply and demand. But as the grid grows smarter and utilities look for innovative ways to engage and leverage their customers to be partners in the process, load management has become an area of increasing importance. Rather than blindly meet any and all demand that’s expected to come from the grid, utilities can engage in load management that uses incentives and communication with certain customers that reward them for shifting their energy use from times of peak demand to times when energy is more plentiful than demand. These load management strategies come with financial benefits to the customers who engage, and utilities are happy to have a cost-effective solution to meeting demand that doesn’t continually require new capital-intensive generation to be built.
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