| DRAM Reduces Energy Usage, Costs During Peak Times |
| Written by Daniel Stouffer | |
| Wednesday, 01 July 2009 | |
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Energy costs more if it's in high demand, this is a simple supply and demand scenario. DRAM, however, enables an enterprise to benefit from energy price reductions by utilizing a demand response program. The technology allows stores, hotels and retail operations to use controls and software. This innovative energy-saving solution can be utilized without interfering in other operations.
Energy costs more if it's in high demand, this is a simple supply and demand scenario. DRAM, however, enables an enterprise to benefit from energy price reductions by utilizing a demand response program. The technology allows stores, hotels and retail operations to use controls and software. This innovative energy-saving solution can be utilized without interfering in other operations. Demand Response and Advanced Metering are programs that utilize advanced technology to monitor energy use within specific parameters in an effort to reduce energy usage during peak demand times. This type of monitoring ensures system reliability, infrastructure optimization and the best price for energy usage. It also reduces a companys carbon footprint, an important step in addressing global warming. When it comes to pricing energy, there are various different methods available. When prices are set in advance for a specific time, this is called real-time pricing, but if the pricing is set in advance but can only be changed twice a year, it is called time of use pricing. If different prices are required for different time periods, this is called dynamic pricing, whereas critical demand at certain hours or on certain days calls for critical peak pricing. Companies throughout the United States are turning to special programs as they strive to reduce their energy costs and keep control of their energy usage. DRAM's demand response program makes a concerted effort to reduce the usage of energy, when demand is unusually high. The Advanced Metering portion of the DRAM acronym refers to a system that captures energy usage information on an hourly or other interval schedule. This type of advanced metering allows enterprises to take advantage of price-based demand response programs. Specialized software allows for data management that tracks and records energy usage. Using DRAM programs and controls, a company can use a computer established anywhere around the world to control lighting, equipment, HVAC and backup generators. Remote controls can be used to handle an entire energy demand system through the use of an administrative interface. Demand response execution can be anticipated within several different energy scenarios and a centralized system can be established no matter how many sites or locations. By using DRAM, retail enterprises can identify energy loads for curtailment through a web enabled network system. Through the use of computerized controls and software, companies can better manage stored electrical loads in an effort to curtail energy use during peak times. Testing and verification of curtailments can be easily conducted, as well as automatic notification to utility companies for demand response participation. Energy response solutions are best provided by enterprise energy management services through an integrated Web channel. In this way, special cost savings can be opened up, including incentives and rebates, to industrial, institutional and commercial businesses who participate in consumption control and demand reduction. The Article Author: Daniel Stouffer has a lot of information about DRAMand why a visit to www.verisae.com can benefit you. |
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