Canada has been actively creating the potential for savings and better managed energy expenditures through a series of conservation efforts nationwide. Canada will phase out coal-fired power plants entirely by 2030, bringing renewables to the forefront of the energy mix. This means it is more important now than ever for Canadian businesses to demonstrate diminishing reliance on peaking power plants during times of grid emergency.
Demand response (also known as load response) is end-use customers reducing their use of electricity in response to power grid needs, economic signals from a competitive wholesale market or special retail rates
Demand response enables utilities to avoid building new power plants that are used only during the peak hours of the day (typically late afternoon to early evening). Building and operating plants that are used only on occasion (also known as €œpeaker plants€Â) is expensive, and those costs are eventually passed on to utility ratepayers. Demand response also enables utilities to avoid purchasing high-priced wholesale energy by reducing the demand for that energy at particular times of the day. Wholesale energy costs are eventually passed on to ratepayers so to the extent that those costs can be lowered by demand response, ratepayers will benefit.. Demand response also provides system and local reliability benefits in that they enable utilities to avoid the use of rolling blackouts when there is not enough generation to satisfy demand. Finally demand response provides environmental benefits by enabling the utilities to avoid the use of peaker plants. Peaker plants typically have higher greenhouse gas and other air emissions. Demand response also has the potential to integrate more renewable energy (wind, solar, etc.) into the grid.
Occasional storms and heat waves, as well as periodic power plant repairs and maintenance, have the potential to affect worlds supply and demand for electricity. When demand is high and supply is short, power interruptions can sometimes be the result. Building enough power plants to satisfy every possible supply and demand scenario is one possibility, but the cost and environmental impact of that would be tremendous.
Demand response programs are designed to be both fiscally and environmentally responsible ways to respond to occasional and temporary peak demand periods. The programs offer incentives to businesses that volunteer and participate by temporarily reducing their electricity use when demand could outpace supply.
What the Report Offers
·Market Definition for the specified topic along with identification of key drivers and restraints for the market.
·Market analysis for the Canada demand response Market, with region specific assessments and competition analysis on a global and regional scale.
·Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
·Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
·Identification and analysis of the Macro and Micro factors that affect the Canada in demand response market on both global and regional scale.
·A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
1.1 Report Guidance
1.2 Markets Covered
1.3 Key Points Noted
2. Executive Summary
3. Market Overview
3.2 Market Definition
3.3 History and Evolution
3.4 Technology Evolution in the Demand Response Market
3.5 Technology Landscape
4. Drivers, Constraints and Opportunities
4.1.1 Increasing Energy Demand
4.1.2 Increasing Power Plant Retirements
4.1.4 Cost Effective Grid Strengthening
4.2.1 Environmental Barriers
4.2.2 Need to Manage Risk
4.2.3 Need to Increse Visualization and Situational Awareness
4.3.1 Advanced Control Capabilities
4.3.2 Availability of Critical Components and Software Systems
5. Canada Demand Response Market Analysis
5.2 Government Bodies and Organizations
5.3 Government Policies and Regulations
5.4 Market Demand to 2020
5.5 Recent Trends and Opportunities
6. Canada Demand Response Market Analysis, by End-Use
6.3 Commerical Buildings
6.4 Industrial Markets
7. Automated Demand Response
7.2 Market Definition
7.3.1 Open ADR
7.3.2 C & I ADR
7.3.3 Residential ADR
7.4 Canada Automated Demand Response Market Analysis
7.4.2 Market Demand to 2020
7.4.3 Recent Trends and Opportunities
8.2 Market Share of Key Companies, by Geography
8.3 Market Share of Key Companies, by Equipment
9. Company Profiles
9.1 Schneider Electric
9.3 Honeywell International
9.4 Johnson Controls, Inc.
9.5 ABB (Ventyx)
9.7 GE Energy
9.8 Lockheed Martin
9.9 Silver Spring Networks
9.11 REGEN Energy
10. Competitive Landscape
10.1 Deal Summary
10.1.2 Private Equity
10.1.3 Equity Offerings
10.1.4 Debt Offerings
10.1.6 Asset Transactions
10.2 Recent Developments
10.2.1 New Technology Inventions
10.2.2 New Contract Announcements
11.3 Market Definition
11.3.3 Secondary Research
11.3.4 Primary Research
11.3.5 Expert Panel Validation
11.4 Contact Us