A brief in Utility Dive, "Study: Demand response could offset 2 GW of summer peak demand growth in Michigan," covers a new report out from AEE. From the article:
Michigan Radio takes a look at demand response programs in the state, and reports some interesting stats: On-peak pricing for DTE Energy is $0.95/kWh, more than 10 times the usual rate. Consumers Energy now has about 4,500 customers in its demand response programs, but wants to enroll 400,000 in the next five years.
Both of those figures line up with the results of a recent AEE study, prepared for the group by Demand Side Analytics LLC and Optimal Energy Inc. The firms examined demand response, thermostat programs and variable rates under three market scenarios. Savings back to Michigan customers, on the low end, totaled $53 million over 10 years.
Read the full article here.