Demand Response Could Have Saved Texans $85M in One Day
Economic demand response could have saved the Texas energy market $85 million during a single summer day in 2012.
Across five days in 2012 and 2013, Texas could have saved more than $200 million, according to a study from the South-Central Partnership for Energy Efficiency as a Resource (SPEER), an energy-efficiency advocacy group.
As the market cap in ERCOT, Texas’ electric grid operator, rises to $9,000 per megawatt-hour this year, the research highlights the considerable savings that could come from changes if demand response were allowed to fully participate in ERCOT.