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Understanding and, more importantly, taking control of your energy consumption is crucial in these times. With a sustainable future almost in reach, it is essential for business growth that organisations keep up with rapidly changing sectors. And much of this change is centred around energy and consumption. Controlling your energy consumption in real-time is a great way of utilising smart technology – specifically Demand Side Response (DSR) technology.
DSR gives businesses and consumers control over their devices throughout their sites. They have the ability to adjust their energy demand in real-time. DSR can help to soften high peaks and low troughs in demand. – saving businesses money, cutting waste and generally helping them reach a more sustainable and affordable future.
So, what is DSR and how could it impact you and your business?
DSR is an important tool in both assisting customers in becoming more efficient and rebalancing the National Grid. It can help to soften peaks in demand and avoid troughs by allowing customers to have full control of their energy – the ability to turn up, down or shift demand of their consumption completely. This is particularly important as the country makes the switch to renewables, which can be volatile and lead to more power imbalances on the grid. By giving consumers flexibility, it also relieves stress put on the grid, ensuring that it is not overloaded.
This innovative technology can in turn help you to organise your business strategy, while also helping you to optimise your energy use.
The grid ensures that the UK is generating as much power as its consumers are using. For this to happen, we need a grid frequency of 50Hz at all times, with no more than 1% of variance either side of that.
As a DSR participant, you decrease or increase your facility’s power consumption when you receive requests to do so. In turn bringing benefits of the business while also keeping the National Grid at the frequency required to run consistently. But how do you know if you are suitable for DSR?
DSR participants must be a large industrial or commercial business, using high levels of energy day-to-day. You also need to be willing to be flexible with power consumption, whenever it is required. This is because the main purpose of DSR was to give immediate assistance to the grid, helping it to rebalance and prevent blackouts.
The advantages of incorporating DSR will be different to every business. This technology helps to identify how your energy is being used, and gives you the opportunity to improve it. So, the power is in your hands.
Aside from helping to stabilise the UK’s electricity supply through the grid, DSR could provide a number of other benefits. Including reducing your impact on the environment, which will further boost your credentials as we move towards a more sustainable future. This in turn could mean financial benefits – not only will you cut wasted energy where possible, you could also open your client base up to a range of potential new customers, who are turning their focus towards green companies.
As sectors around the world work towards a net zero future, every business must focus on becoming energy efficient. Aside from the environmental benefits that this will bring, businesses will also reap financial and social rewards.
At EIC, our expert team is on hand with a range of solutions that can be tailored to your business needs. We understand that DSR and other control devices are becoming important for businesses wishing to progress towards a more sustainable future.
To learn more about EIC’s next generation energy solutions and how we could help to future-proof your business, contact us today.