Under the new DR pilot project, National Grid is partnering with DR capacity providers CPower, EnerNOC and IPKeys to help its business customers to reduce their energy usage and costs during peak demand periods.
The two-year demand response pilot is designed to help participating business customers of National Grid to reduce their energy usage for at least 20 hours during peak demand periods this summer.
The pilot project is expected to save enough energy to power 20,000 homes.
Participating consumers will receive up to $35 in incentives for every kilowatt-hour saved during the peak periods.
The project is the first DR programme deployed by National Grid for its commercial customers.
The news follows an announcement made by the energy provider that it secured an approval from the Department of Public Utilities to extend the duration of its ‘Smart Energy Solutions’ demand response pilot for its residential consumers in Worcester and Massachusetts.
In the first phase of the Smart Energy Solutions programme, the National Grid helped 15,000 of its participating customers in Worcester and Massachusetts to save up to $16 on their monthly energy bills.
Apart from implementing demand-side management initiatives, National Grid is also planning to increase its clean energy portfolio.
Late last year, the utility submitted its proposals to the Massachusetts Department of Public Utilities to expand its clean energy generation portfolio.
The company said it wants to expand its clean energy generation portfolio by developing a 14MW solar plant in Everett.
In addition to developing the system, National Grid will also install a 605KW energy storage system to store energy generated by the plant and provide it into the grid network during peak periods.
The utility firm is also planning to test new technologies related to solar energy generation, including advanced inverters to improve its customer service. Read more...