The Impact of Demand Response on Energy Consumption and Economic Welfare
In 2022 and 2023, the Electricity System Operator of Great Britain introduced the first-ever country level Demand Flexibility Service, a program aimed at encouraging utilities and the general population to curtail energy demand during peak times. The DFS auctioned off MWh reductions to the grid. Octopus Energy, a utility, was the largest participant in this… Continue reading The Impact of Demand Response on Energy Consumption and Economic Welfare