SEN Presents for Monday 2 September 2019
Demand response can be put simply as a technology-enabled economic balancing method for grid based power systems.
In demand response, voluntary rationing is accomplished by price incentives—offering lower net unit pricing in exchange for reduced power consumption in peak periods.
Demand response is used by network operators to reduce the demand for electricity at particular times to help keep the grid stable. It has particular relevance in renewable energy power systems with intermittent generation and allows the system to cope with supply fluctuations without increasing the need for investment in more costly capacity.
In 2017, the Australian Renewable Energy Agency (ARENA) joined forces with the Australian Energy Market Operator (AEMO) to run a demand response trial to demonstrate how Demand Response could play a role in managing electricity supply during extreme peaks such as summer heatwaves. Ten DR projects were funded in Victoria, New South Wales and South Australia over a three year period (2017-2020). The projects cover both residential, commercial and industrial energy users, and using a range of technologies and innovative behavioral change ideas to help deliver this capacity.
Results from the Demand Response Trial were considered successful. Proponents were able to recruit and mobilise their programs in a short time with positive outcomes, and though performance varied between individual proponents, overall, the portfolio exceeded the combined contracted capacity. This varied performance has provided important insights and lessons that have been taken into consideration for year two.
So what is happening in Western Australia? As the SWIS evolves with greater capacity additions involving wind and solar generation, the re-introduction of demand response promises to deliver benefits to maintain reliability, system security and reduce the cost of energy.
Join us to hear the state of play in the local market, with a panel presentation including a regulator, an energy operator, and more.
140 Royal St
Lecture Theatre B202
East Perth, WA 6004
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