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All about Demand Response

The Russian energy sector analyzed.
Energy Blog / Decentralization / Demand Response / Energy Market / VPP / Electricity Market

Next Stop: Russia

Our blog series reports on the electricity markets of the world. Our next stop is Russia – Tobias Weghorn, International Business Development Manager at Next Kraftwerke, explored the country’s VPP potential.

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Knowledge / Demand Response / Electricity Market / Knowledge / Virtual Power Plant

Load management

What is load management?Definition

Electricity consumption is often referred to as ‘load’ in the energy industry. Load management is the active control of electricity consumption. It is also known as ‘demand side management’ or ‘DSM'. Often, it refers to controlling electricity consumption based on financial signals from the electricity market. Load management is an important part of the concept of a smart grid, whereby existing infrastructure is equipped with intelligent monitoring and control technologies. The result is a network of active and reactive loads. There are differences between load shifting, load reduction, flexible load, and load expansive control measures. The following article addresses load shifting and load reduction (or load shedding) in more detail.

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Knowledge / Battery Storage / Demand Response / Forecasting / Knowledge

Peak shaving

What does Peak shaving mean?Definition

In the energy industry, peak shaving refers to leveling out peaks in electricity use by industrial and commercial power consumers. Power consumption peaks are important in terms of grid stability, but they also affect power procurement costs: In many countries, electricity prices for large-scale consumers are set with reference to their maximum peak-load. The reason is simple: the grid load and the necessary amount of power production need to be designed to accommodate these peak loads.

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Wind energy farm on an island to provide electricity off the grid.
Energy Blog / Demand Response / Power Grid / Renewable Energy / Virtual Power Plant / VPP

Renewable Energy Island – Part 2

In the second part of our series, we will talk about different concepts for Virtual Power Plants on islands and island groups for providing a sustainable and secure power supply.

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Virtual Power Plants lead Energy Markets of the Future
Energy Blog / Demand Response / Energy Market / Renewable Energy / Virtual Power Plant / VPP

The dance of generation and demand

Flexibility is the defining principle of tomorrow’s electricity market: Helen Steiniger analyses the transition from inflexible concepts of the past to the dynamic electricity markets of the future.

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The electricity grid needs to be in balance all the time.
Energy Blog / Demand Response / Energy Market / Power Grid / Renewable Energy / Electricity Market

How to balance supply and demand on new electricity markets

Electricity markets around the world are experiencing a fundamental change: the rapid rise of renewable power generation. In some places the power generation of renewables is occasionally exceeding the total demand in the electricity grid.

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