Pramod Kumar Singh Senior Director- Research & Programmes, Alliance for an Energy Efficient Economy (AEEE)
In today's energy landscape, the focus is shifting towards demand flexibility as a pivotal strategy for optimising electricity usage. Unlike traditional demand response, which primarily addresses peak demand scenarios, demand flexibility encompasses the ability of consumers to adjust their electricity consumption patterns in response to various signals such as pricing, tariffs, and grid conditions. This adjustment can involve reducing and increasing consumption, thereby making the demand more adaptable throughout the day, not just during peak times.
The need for demand flexibility arises from the increasing complexity of our energy grid. Over the past decade, peak electricity demand in India has grown significantly, with projections indicating an 80 percent increase by 2032, reaching 366 GW.
This story is from the July 2024 edition of EPR Magazine (Electrical & Power Review).
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This story is from the July 2024 edition of EPR Magazine (Electrical & Power Review).
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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