Management strategy to mitigate power demand surges, increase grid reliability and reduce costs

Concerns are mounting among policymakers and utility companies amid the impact of severe weather on the nation's electrical grids. In recent months, electrical grids in Texas have been tested to the point of near failure. So it seems like perfect timing that new research in the journal Management Science identifies a new method that provides the best way to utilize "direct load control contracts" to mitigate electricity demand surges, increase grid reliability and reduce electricity cost. All of this right down to the individual household.

from Energy & Green Tech News - Energy Sciences News, Green Tech, Energy, Energy Science https://ift.tt/RSotYB5

SHARE SHARE SHARE