Smart Demand Response Market Premium Insight Analysis with Forecast by 2025
Demand response refers to the change in electricity usage by an end-user in response to signals from the grid operators or utilities. The end-user's participation in a program of this nature is a response to factors such as: greater awareness, an increased sense of responsibility, incentive pricing and new tariff schemes. Demand response programs are designed primarily to shift or curtail load for a short period of time; they are primarily of two types: price-based response (voluntary) and incentive-based demand...
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