Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Fluctuating Energy Demand and Accelerating Growth in Renewable Energy Sources (RES) Will Drive the Nascent European DR Market
save 10 %
* Required Fields
Pay by invoice
Demand Response (DR) is a mechanism to alter changes in patterns in electricity consumption by consumers through pricing signals and incentives, thereby reducing peak demand and strengthening grid flexibility. DR covers intentional modifications on the customer’s electricity usage patterns via altering the time of use and duration of use. DR has traditionally been divided into price-based programs and incentive-based programs. DR is in its nascent stage in Europe with sporadic pilot programs underway in the residential sector. Experts opine that DR can achieve close to 40% of EU’s 2020 targets concerning energy savings and Carbon dioxide (CO2) emission reductions. However, a deterrent for implementation is the development of infrastructure within Europe. Penetration of smart meters, which is a key enabler of DR, is still low, although it is accelerating. Although it does not have a direct impact on demand response, the potential still is inhibited, as only a small proportion of customers will have even base infrastructure. This is a high-growth opportunity market that will materialise steadily over the next decade. DR initiatives enable real-time analysis of customer demand trends and allow the generation, transmission, and distribution infrastructure to react accordingly. Growth in this market means that utilities will increasingly invest in innovative technologies and predictive tools to reduce power generation costs as well as grid failures and outages. New communication technologies and supportive government regulations are imperative for the integration of DR into the future energy system. This study provides a market analysis of the European demand response market. The countries covered in the study include: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Norway, Switzerland, Turkey, and the UK.The market analysis includes revenue forecasts, discussion on the competitive structure, and market share analysis. The base year of the study is 2017 with forecast period from 2018 to 2025.
Key Issues Addressed
European Fire Detection and Suppression Market, Forecast to 2025
Asia Pacific Power Sector Regulatory Tracker
Growth Opportunities in the UK Facility Management Market, Forecast to 2025
Grid Scale Energy Storage: Innovations and Emerging Opportunities
Technological Advancements and Emerging Applications of Fuel Cells
Emerging Technologies Transforming Offshore Wind Energy
Small Hydropower Market in Southeast Asia, Forecast to 2022
Innovations in Water and Wastewater Treatment, Digital Oil Fields, and Oil Spill Reclamation
Innovations in Renewable Energy, Waste Heat Recovery, Carbon Capture, and Energy Storage
African Power Pools Outlook, 2018
solar energy market
blood glucose monitoring market
dietary supplements market
fleet management market
heavy commercial vehicles market
biometric authentication market
artificial lift market
plastic recycling market
packaged food industry
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.