Global Information, Inc. would like to present a new market research report, "Demand Response: Commercial, Industrial, and Residential Applications for Peak Demand Load Management" by Pike Research.
According to Pike Research forecasts, "Demand Response (DR) revenues will grow at a 17% compound annual growth rate (CAGR) from 2010 to 2020, resulting in an annual market of more than $8 billion by 2020." The central goal of demand response systems is to reduce electricity consumption during peak demand hours. Demand response has already helped utilities avoid high capital costs of constructing peaking power plants. Utilities have opted for demand response network implementation instead, which provides significantly reduced costs. While the DR market is presently "nascent and fragmented," research analysts at Pike Research "anticipate that as the DR market matures, major Energy Service Companies (ESCOs) and IT players will invest in the space, boosting revenues and making DR products and services more sophisticated and attractive to utilities and end-users."
This report provides an in-depth analysis of market issues and demand drivers, legislative and regulatory issues, customer incentives, and dynamic pricing structures associated with the market for demand response. This study contains highly valuable information and potential insight for the investor community, government agencies, IT companies, building systems vendors, building owners and managers, utilities, curtailment service providers, and smart grid technology vendors.