 Full Course Description
KS501
Understanding the Economics of Energy Efficiency
and Demand Response
In this course we explore how and where EE and DR value arose historically, review how state and regulatory policy shape that value, consider the process by which programs are developed, and focus on modern methods and approaches that importantly shape EE and DR resource value. We examine the current strategies, enabling technologies and societal benefits of these and other programs, and demonstrate how utilities are using demand-side programs to deliver cost-effective energy solutions for future generations.
Seminar Highlights:
• Protocols, policy and valuation criteria and how state and national policies shape our energy future.
• How customers use energy and how it's valued.
• How demand-side programs can improve customer satisfaction.
• How EE and DR programs can provide financial value and reduce overall energy costs.
• Demand side management strategies that yield the most value.
• Technologies and how they create value.
• How we measure potential, design programs, and evaluate effectiveness with an eye on value.
• Key sources of value creation and how energy suppliers integrate supply sources with DSM, DG, storage and
renewables.
• How current strategies are being developed to enhance or optimize AMR/ AMI technologies.
Since the energy crises of the 1970’s Demand Side Management or DSM has been an important part of our national energy strategy. Today as energy prices soar, environmental issues become prominent and conservation technologies improve, energy efficiency and demand response programs are more than ever an integral part of future resource plans. But how do you know if the programs are economically viable? Today's methods for efficiency valuation have improved substantially. Sure it’s still the same DSM, but today's more accurate methods are now able to fine tune which DSM should or shouldn't be included in the long run resource plans. In this half day course, we explore how and where EE and DR value arose historically, review how state and regulatory policy shape that value, consider the process by which programs are developed and add value, and focus on modern methods and approaches that importantly shape EE and DR resource value. DSM entails actions that influence the quantity or patterns of use of energy consumed by end users and can take many forms. We examine the current strategies, enabling technologies and societal benefits of these and other programs, and demonstrate how utilities are using demand-side programs to deliver cost-effective energy solutions for future generations.
Understand these important issues:
• How energy suppliers integrate supply sources with DSM, DG, Storage and Renewables.
• How State and National policies shape our energy future
• How we measure potential, design programs, and evaluate effectiveness with an eye on value
• How EE and DR programs can provide financial value and reduce overall energy costs
• How current strategies are being developed to enhance or optimize AMR/ AMI technologies
• How Environmental Benefits are measured and add value
What You will Learn:
• How Customers use Energy and How it’s Valued
• Emerging Technologies and How They are Valued
• What are the Standard Practice Manual tests and why we use them
• The Do’s and Don’ts of Program Design
Seminar Agenda
1. A Quick History of the Electric Industry and Energy Efficiency
2. Protocols, Policy and Valuation Criteria
3. What are the Standard Practice Manual Tests and why we use them
• TRC – Total Resource Cost • UTC – Utility Cost Test
• PCT – Participant Coat Test
• RIM – RatePayer Impact Measure
• Societal Test
4. Certification and Energy Star Standards
5. EPACT 2005 and other National Energy Policies
6. How Customers use Energy and How it’s Valued
7. Which Strategies Yield the Most Value
• Energy Efficiency – Reduce overall energy consumption
• Peak Load Reduction – Reduce peak load consumption
• Load Shifting – Move consumption to less expensive hours
• Load Building – Increase consumption overall or during off-peak hours
• AMR/ AMI - Energy efficiency blended with demand response
8. How Demand-Side Programs Can Improve Customer Satisfaction
9. Technologies and How they are Valued
• Heating, Transformers, Motors, Lighting
• Home Appliances, Space Cooling, Refrigeration
• Battery Chargers and External Power Supplies
• Plug In Hybrid Vehicles
• AMR/ AMI
10. Three Key Sources of Value Creation for Energy Efficiency
• Program Design
• Program Implementation
• Impact Evaluation
11. Measuring CO2 Reductions and other Environmental Benefits of Efficiency
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