Post tagged with "peak demand"

Our Thinking

STAT OF THE WEEK: Los Angeles shatters its record for peak electric demand, twice

  • By Barry Fischer
  • September 19, 2014

Stat of the Week

In the face of sizzling temperatures this week, the City of Angels saw its demand for electricity shoot up toward the heavens.

First, on Tuesday, near-100 degree temperatures meant a big spike in air-conditioning that catapulted LA’s total power draw to 6,196 megawatts – surpassing a previous all-time record of 6,177 megawatts set in September 2010. This level is around double the amount of electric demand experienced during a typical day in LA.

Wednesday took things a step further: in the midst of triple digit temperatures in downtown LA (high of 104°F), the LA Department of Water and Power reported peak power levels of 6,396 megawatts.

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Our Thinking

Opower joins Maryland Governor O’Malley and Baltimore Gas & Electric to celebrate state’s energy innovation

  • By Jake Levine
  • September 15, 2014

Today, Opower joined an action-packed event with Baltimore Gas and Electric (BGE) and Maryland Governor Martin O’Malley, as part of the Governor’s “Governing for Results” tour in Maryland.

It was an honor for Opower to participate, not only because we had the opportunity to celebrate the $2 billion in savings catalyzed by BGE’s Smart Energy Savers Program, but also because we were able to help share an important story with the people of Maryland: that they’ve played a central role in moving the state toward a more sustainable and secure energy future.

Maryland Event

Opower President Alex Laskey speaks alongside Maryland Governor Martin O’Malley and BGE CEO Calvin Butler at an event in Baltimore

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Our Thinking

Want to be more dynamic? Follow the lead of these innovative utilities.

  • By Aaron Tinjum
  • September 3, 2014

With the rise of a number of industry challenges — such as distributed generationflattening electricity demandnew regulations, aging grid infrastructure, and low levels of customer engagement — things can certainly seem bleak for utilities.

However, a new in-depth study discusses a solution that may offer an important opportunity for utilities to more effectively navigate some of these trends: dynamic pricing rates. The report from Rocky Mountain Institute – Rate Design for the Distribution Edge: Electricity Pricing for a Distributed Resource Future — explores how utilities can increase rate sophistication and, in turn, address a number of their pressing business challenges. 

Traditionally, utility energy bills have not adequately reflected variables like time of day, peak demand conditions, or other factors that have important implications for grid management. By beginning to account for some of these variables with the help of dynamic pricing rates (e.g. electricity prices that correspond to different grid conditions), utilities can start to make headway in areas such as managing peak demand and giving customers more energy management options.  

The graphic below from the Rocky Mountain Institute displays the conceptual difference between standard pricing (“flat volumetric retail”) and examples of dynamic pricing regimes.

This chart depicts two of the many dynamic pricing structures presented in the RMI report (Source: Rocky Mountain Institute).

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