Why big businesses should consider DSR
National Grid is calling on the UK’s big energy users to become more flexible in their power consumption and tap in to the potential of Demand Side Response (DSR) systems.
DSR is a smart way for businesses to save on total energy costs, while reducing their carbon footprint.
DSR is breathing new life into the UK’s energy system by offering lucrative incentives to businesses that can reduce – or increase – their demand when called upon.
National Grid wants to drive growth in this area and is encouraging more businesses to become more nimble with their electricity consumption in return for payment. The benefits of the initiative are compelling. For example, DSR:
– Provides the flexibility to ensure a more cost-effective and environmentally-friendly future electricity system
– Offers financial incentives to businesses who are able to reduce or increase their demand when called upon
– Reduces environmental impact by limiting the need for additional generation or other network reinforcement
– Is a smart way for businesses to save on total energy costs, while reducing their carbon footprint.
An important part of National Grid’s approach to DSR is collaboration with customers. This year it launched its Power Responsive campaign which sees the energy industry working with businesses to eliminate barriers to DSR participation.
Through Power Responsive, National Grid has used customer feedback from a series of webinars not only to simplify existing services, but to design two new products that are well suited to businesses with big energy demands.
The first, Demand Turn Up, offers a route to market for businesses that have the flexibility to turn up their demand. The aim is to have detailed requirements developed by December in order to sign contracts by March 2016 for a May 2016 delivery.
The second, Enhanced Frequency Response, is a new, superfast way of balancing the grid. Businesses will need to provide full frequency response within one second (or less) of a frequency deviation. This is considerably faster than existing frequency response services.
If you’re part of a business with big power demands, you could earn revenue by participating in DSR. Service opportunities are available direct with the system operator, or via third party intermediaries.
To find out more contact email@example.com or visit the website http://www2.nationalgrid.com/uk/services/balancing-services/