In an article for Utility Dive, Navigant Research discusses how DER is facilitating bring your own efficiency programs
Distributed energy resources are beginning to outpace centralized power generation in terms of new annual capacity additions in the electric industry. This shift positions the bring your own device (BYOD) market to allow customers to use a range of smart, grid-interactive technologies.
In an article for Utility Dive, Brett Feldman, research director at Navigant Research, discusses how the onset of new BYODs will allow customers to manage their energy consumption while maintaining optimal control.
Feldman said, “BYOD refers to utility and non-utility programs that encourage customers to buy their own pre-approved devices from a vendor of their choosing. Customers can enroll the devices into demand response (DR) or energy efficiency programs managed through the utility, an energy supplier or a third-party systems integrator.”
Feldman stated three fundamental shifts happening in the BYOD market:
Consumer technologies are going beyond thermostats
BYOD programs are exploring the energy efficiency and load shifting applications of DR programs
BYOD do not require utility program administration to confirm customer eligibility, instead they are being initiated in deregulated markets
“As BYOD expands across the U.S., projects are beginning to include new types of devices, energy efficiency applications and business models that engage retail choice electricity suppliers and energy service providers,” said Feldman.