In an article for Renewable Energy World, Navigant Research looks at the benefits of demand response for renewables integration
Innovative utilities are looking to demand response for a new application — renewables integration. In an article for Renewable Energy World, Brett Feldman, principal research analyst at Navigant Research, explains how this approach can help increase electric grid reliability and the additional benefits it can bring.
“Small amounts of intermittent renewable generation, like solar and wind power, have almost no measurable effect on overall system stability,” Feldman said, “Yet, anticipating the degree to which generation goes up and down rapidly — called ramp events — is critical to supporting grid stability in a cost-effective manner when penetration exceeds 10-15 percent. Maintaining the balance in supply and demand is an important way to increase the reliability of the electricity grid.”
Feldman said demand response for renewables integration (DRRI) solutions, which increase or decrease customer loads based on renewables output, can help to maintain this balance — and that these solutions are expected to experience increased adoption. In fact, Feldman said global DRRI revenue is projected to reach $132.1 million in 2017, and by 2026, global revenue is expected to reach a total of around $1.3 billion.
According to the article, several factors point to an increasing focus on DRRI:
“[Demand response] will not be the only method to deal with renewables integration, but it will certainly play a significant role,” Feldman said.