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Demand Response Market Opportunity
Commercial, Industrial, and Residential Applications for Peak Demand Load Management
The primary goal of Demand Response (DR) is to reduce electricity consumption during periods of peak demand. An innovative combination of technology and business relationships, DR holds the promise of significant economic, environmental, and social benefits. Most notably, it helps utilities avoid the high capital costs of constructing peaking power plants that are only used a few days a year. Instead, the utility can implement DR networks at a fraction of the cost. ( http://www.bharatbook.com/detail.asp?id=135115&rt=Demand-Response.html )
The DR market is currently nascent and fragmented. It anticipates that as the DR market matures, major Energy Service Companies (ESCOs) and IT players will invest in the space, boosting revenues and making DR products and services more sophisticated and attractive to utilities and end-users. After this period of consolidation and evolution, it expects that DR will become less of a discrete market and more of an application within a greater energy efficiency suite. It forecasts that, in the ...
... midst of these changes, DR revenues will grow at a 17% compound annual growth rate (CAGR) from 2010 to 2020, resulting in an annual market of more than $8 billion by 2020.
This report examines the market for demand response products and services in the commercial, industrial, and residential sectors. The study analyzes market issues and demand drivers, including the effects of demand response programs, legislative and regulatory issues, customer incentives, and dynamic pricing structures. Additionally, the report includes three different forecast scenarios that quantify the demand response market opportunity through 2020.
Key questions addressed:
* What are the key dynamics of the commercial demand response market?
* What are the key dynamics of the industrial demand response market?
* What are the key dynamics of the residential demand response market?
* What are best practices for a utility demand response program?
* How will the competitive landscape evolve over the next several years?
* What are the key technologies that will be utilized for demand response?
* What is the overall market opportunity for demand response under different legislative and economic scenarios?
Who needs this report?
* Curtailment Service Providers
* Utilities
* ISOs/RTOs
* Building owners and managers
* Smart grid technology vendors
* Building systems vendors
* ESCOs
* IT companies
* Government agencies
* Investor community
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