Demand response increasingly used to manage energy cost


According to the report, Energy Matters, over 100 food and drink manufacturers with 250 or more employees were interviewed. “We asked about their ability and willingness to offer more flexibility in when they use electricity, and their interest in providing distributed generation and storage capacity,” the company said in a release. [quote]

“The findings were striking. Since we surveyed retail and food and drink businesses last year, there has already been a significant increase in businesses that use demand response to manage their energy spend, with 82% doing so today compared to just 26% last year.”

Low carbon economy

Another interesting point is the “46% of business believe the move to a low carbon economy is the most important element of the smarter market.”

The report comes on the back of calls for greater flexibility of demand. National Grid has a target of 30%-50% grid balancing from demand side sources, reducing the need to build additional generation.

David Reed, head of nPower Business Solution (nBS), is responsible for overseeing the development of energy products, services, and solutions for some of Britain’s largest businesses. He says: “New technologies and business models allow businesses to take control of their energy management. The food and drink industry for example can use refrigeration load to flex demand, with just a few small on-site additions to the infrastructure, resulting in significant savings.”