|
Today's utilities have a critical need for real-time energy information, especially in a true market economy where both energy suppliers and consumers can influence the amount and price of power. RETX focused on price response and emergency response, where end users can adjust usage based on the price of electricity, release power back to the grid by shedding loads or starting up generators, and respond to utility requests for load curtailment due to power supply shortfalls or transmission constraints. Suppliers don't have to invest in new generation, and can satisfy their customers during peak demand and avoid expensive capacity contracts. Reducing demand by 5% can drop market prices by 50%, but all participants need access to the same information and the ability to react immediately. Intelligent PowerLogic ION devices installed at participating end-user sites provide the necessary metering and communications to allow this. Participants needn't buy software, and there aren't any expensive integration points between customer and utility, or the utility and ISO. The system creates a marketplace where end users can sell their capacity, profitably, on the basis of price or reliability.
Download this case study >>
|