Future Ready Insights: Demand Flexibility
The presence of new distributed energy resources like solar, batteries and electric vehicles has the same impact on DSM programs as they have on grid planning. The focus of DSM programs used to be primarily energy efficiency, with an average energy saving goal of 2%. However now, as consumers install solar on their roof and become producers of their own energy, energy savings may no longer be a motivating factor. The DSM paradigm will shift from reducing consumption to flexible demand and influencing when consumers use energy.
Bidgely’s CEO, Abhay Gupta, shares more in this 1-minute video.