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Demand Response Management, a critical component of the future smart grid

Smart Energy International

Demand Response Management (DRM), is a crucial component of actual/upcoming smart grids, playing an active role in reducing peak demand and power fluctuation. Demand Response: Upside for the end-customer. Historical power plant control console without demand management. Image Credit – Pexels.

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% The update finds that world demand for electricity grew by 2.2%

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China’s Reform Commission sets out V2G planning recommendations

Smart Energy International

China’s state planner National Development and Reform Commission (NDRC) has released reform recommendations on how China, the largest EV market globally, can optimally integrate electric vehicles into power grid planning. in residential communities. The specific reform recommendations include: 1.

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Northern Powergrid taps VPP programme for peak power reduction

Smart Energy International

British distribution network operator Northern Powergrid has announced a flexibility initiative, tapping a virtual power plant and smart energy management programme to incentivise residential power consumption reduction at times of peak demand on the power grid.

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Smart home app gamifies grid-reactive air con for consumers

Smart Energy International

A new partnership in the US combines a demand response programme with smart air conditioners, enabling a gamified reward system to incentivise consumers to lower consumption at times of peak demand on the power grid. ” LG and OhmConnect have plans to expand and enhance the service later in 2023.

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Smart meters set to transform into grid-edge computing devices – whitepaper

Smart Energy International

According to a new whitepaper from Guidehouse Insights, there is an extensive base of smart meters set for upgrade and replacement over the coming decade in both the US and Western Europe. This is due to the initial surge in smart meter installations experienced during the late 2000s and early 2010s. ”

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The Current System of Electric Billing No Longer Makes Sense

GreenTechMedia

Dan Seif is vice president for market development at 7X Energy, a Texas-based solar developer. Let’s stop pretending that we’re paying for “energy” via our home power bills and understand that we’re mainly paying for infrastructure.