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Harnessing Demand Side Response: Earn revenue from your energy assets

If you can provide demand reduction, you can become an Individual Demand Site and earn revenue from your energy assets

Harnessing Demand Side Response: Earn revenue from your energy assets

What's inside

A real world example of an Irish Pharmaceutical Company which is earning €189,040/year for it's ability to generate energy through demand response.

1.

The initial assessment criteria for an Individual Demand Site (IDS)

Each IDS is assessed for its capabilities for demand response to provide demand reduction and in turn, assess what markets and products they are suitable for.

2.

Using technical data for an overall picture of the Demand Response

Technical queries include information regarding the IDS generators, including details such as the capacity of these generators, or if there are no generators, what the site can ‘switch off’ to reduce demand from the grid.

3.

Assessment of the IDS for market participation

After assessing the historic data and understanding the mode of operation, through the desktop study, a proposal was submitted to the customer which showed the potential revenue for the market services that were available from the site.

4.

Site specification for this Irish Pharmaceutical Plant

This site has achieved the following through baseline testing: the generators can sustain the full site consumption. The 1MW battery can also sustain the site's consumption until the generators take over, for a longer period of "loss of grid."

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