Demand response/ load management is a $1.3B industry in the U.S.
In light of the data released today by Nth Power that showed significant and growing interest by VCs in the generation side of energy tech, it's interesting to note that centralized utility-led efforts to reduce demand for electricity in the first place remains a vibrant market.
Such programs apparently saved 22,904 MW of peak-load power in 2003. According to my amateur calculations, that's the equivalent of obviating the need for:
- Approx. 100 large coal fired plants; or
- 270 GE Frame 7 natural-gas-fired turbines; or
- 2,290 Bavaria Solarparks (currently the largest photovoltaic project in the world); or
- 90,000 Siemens Westinghouse solid oxide fuel cells; or
- 382,000 Capstone 60 microturbines