DemandResponseManagement
Demand Response Management refers to the processes, technologies, and systems used to implement and operate demand response programs in electric power grids. A Demand Response Management System coordinates customer enrollment, signal dispatch, response tracking, and settlement for both manual and automated actions, with the goal of balancing supply and demand during grid stress or price-triggered events.
DRMS typically comprises modules for event management, enrollment and eligibility, asset and device management, metering and
OpenADR is among the most widely used standards for DR signaling, enabling standardized price and event notices.
Key functions include creating and notifying DR events, enrolling customers, selecting curtailment strategies, monitoring responses, measuring
Benefits include peak demand reduction, improved grid reliability, deferred infrastructure investments, better integration of renewables, and
Challenges include device interoperability, cybersecurity and privacy concerns, customer engagement, measurement and verification rigor, and ensuring