DocumentCode
786349
Title
Get-rich-quick scheme [innovative electricity conservation]
Author
Sweet, W.
Volume
43
Issue
1
fYear
2006
Firstpage
10
Lastpage
12
Abstract
This paper discusses how the New York-based company, ConsumerPowerline, is able to turn electricity conservation into a money-making venture. The idea behind ConsumerPowerline´s business originated from a ruling in January 2000 by the US Federal Energy Regulatory Commission (FERC). By taking advantage of the New York Independent System Operator´s Emergency Demand Response Program (EDRP), ConsumerPowerline can estimate precisely how much an organization stand to gain, based on its typical electricity usage, and how much electricity the organization can get along without for short periods. ConsumerPowerline gets reimbursed for its efforts when the organization starts to make money by not using electricity. Besides making the grid more reliable, local utilities do not have to build extra generators just to cover the highest peak loads for a few hours on the hottest days of the year.
Keywords
energy conservation; power consumption; ConsumerPowerline; Emergency Demand Response Program; New York city; electricity conservation; energy shortage; grid reliability; investments; peak loads; utility economization; Cities and towns; Crops; Electricity supply industry deregulation; Energy consumption; Energy management; Floors; Home appliances; Mesh generation; Power generation; Power system management;
fLanguage
English
Journal_Title
Spectrum, IEEE
Publisher
ieee
ISSN
0018-9235
Type
jour
DOI
10.1109/MSPEC.2006.1572335
Filename
1572335
Link To Document