Phase 1 Results: Establish the Value of Demand Response
March 31, 2006
U.S. Department of Energy, Ernest Orlando Lawrence Berkeley National Laboratory
Ren Orans, et al
Demand response (DR) offers potential economic and reliability benefits to consumers and utilities, by reducing peak electrical demand at times when cost of supply is high or reserve margins are low.
This record also contains the appendix to the results of work done on DR Valuation (DRRC RON-01) in Phase 1 to prepare the Phase 2 research proposal. This proposal describes the work performed in response to the Demand Response Research Center's Research Opportunity Notice DRRC RON-02, Incentives and Rate Design for Energy Efficiency and Demand Response. A research team led by Energy and Environmental Economics, Inc. (E3) creates, and validates as a proof of concept, an analytical framework for evaluating incentives and rate design for demand response. phase-1-results-dr-appendix.pdf
