Quantifying the Impact of Demand Response & Informing Investments: Exclusive Interview with Miha Grabner of the Milan Vidmar Electric Power Research Institute
- Apr 19, 2019 1:49 am GMT
As demand response (DR) becomes a more prevalently integrated energy management strategy in the utility industry, it’s becoming more and more crucial that companies are able to foresee and quantify the impact of potential demand side management strategies. Before investing resources into large rollouts that these types of programs, energy providers want to know that they are going to pay off in the end and provide the types of benefits to the grid that they are intended to—minimize the maximum peak load, prevent over congestion, and accurately match supply with demand.
The Milan Vidmar Electric Power Research Institute (EIMV), the leading Slovenian engineering and scientific research organization for the electric power industry, has been working in this area in a number of studies. As a part of the Slovenian-Japanese NEDO Project (a partnership between the Japanese agency NEDO and the Slovenian TSO), they studied DR potential for utilities and the response of customers, ultimately making direct recommendations to the nation’s Energy Agency—marking the first demand response project in Slovenia as Europe starts to catch up to the United States when it comes to these strategies.
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