UK industry is still failing to take full advantage of the huge cost and carbon savings on offer from demand response and flexible grid services, leading to higher costs for business and households. That is the conclusion of a new report today from trade bodies RenewableUK and the Association for Decentralised Energy (ADE), which calls on industrial sectors to more fully explore the potential of demand response services that promise to take advantage of emerging smart grid technologies to better match peaks and troughs in power supply and demand, curbing bills in the process. The market for demand response services is growing in the UK, and the report notes that up to 2.7GW of demand response participated in balancing and ancillary services between 1 April 2016 and 31 March 2017. But it adds that the practice is still more prevalent in Europe, where large consumers can reduce their annual energy bill by up to 10 per cent through participating in demand response programmes.
Business Green 7th June 2018 read more »