Demand Response - ADICA

HOW WILL DEMAND RESPONSE PROGRAMS EFFECT ENERGY CONSUMPTION, POWER PLANT INVESTMENT REQUIREMENTS, ELECTRICITY PRICES, AND CARBON EMISSIONS?

ADICA’s Smart Market^® analytics provide knowledge for designing energy markets of the future.

Demand response is an important option for managing energy prices, ensuring secure and reliable power, reducing carbon emissions, and lowering the investment needs for additional power generation and transmission infrastructure.

While demand response has potential benefits to utilities, customers, and society at large, it is considered to be an underutilized resource whose value is just beginning to be tapped in electricity markets around the world.

Traditional supply-side analytics cannot support decision making in a Smart Grid environment where demand response programs play a crucial role. New tools are required to study the behavior of consumers in restructured electricity markets.

ADICA partners with Argonne National Laboratory to develop advanced analytics that address national energy priorities. Our Smart Market^® software uses an innovative agent-based approach to model the independent behavior of energy consumers and suppliers.

ADICA’s software is used by energy suppliers and regulators on five continents to make informed operational, investment, and policy decisions. With more accurate analytics, energy companies are better able to reduce risk, balance supply with demand, conserve resources, reduce capital expenditures, and increase profits.