What is demand response in energy grids?
Demand response is a strategy used in energy grids to manage consumer demand for electricity. It involves adjusting the demand for power instead of adjusting the supply.
How does it work in practice?
In practice, demand response programs incentivize consumers to reduce or shift their electricity usage during peak periods, often through financial rewards or lower rates.
What are the benefits of demand response?
The benefits include reduced energy costs, improved grid reliability, and decreased need for additional power plants, which can lower emissions.
Are there any challenges associated with implementing it?
Yes, challenges include consumer participation, the need for advanced technology, and ensuring that the programs are economically viable.
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