Even if you already deploy technologies to reduce energy consumption, you may be able to realize additional savings by enrolling in a demand response program.
A recent survey of IMPO subscribers was conducted on their electric energy use and concerns within the context of “demand response” programs. Demand response programs pay participants to be available to reduce their energy consumption for short periods of time when requested by the grid operator. A summary of the survey results follows below and includes some key takeaways for manufacturers to review when considering demand response programs.
Nearly 200 companies participated in our survey, and 53 percent ranked energy needs as “very important,” with an additional 15 percent ranking it as the “most important” priority for their company. Only five percent of survey participants responded that managing energy costs were “not important” or “less important” for their company. Of all survey participants, 30 percent have participated in a demand response program — 58 companies currently participate in a program and eight manufacturers tried demand response, but no longer take part.