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DEMAND RESPONSE COMPETITIVE ROUND DRAFT FUNDING AGREEMENT (NSW Projects) Comments open until 5pm AEST 16 June 2017 ARENA reserves the right to vary the Funding Agreement prior to release of the final
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Demand response competitive round is a process where energy consumers reduce their electricity usage in response to high prices or system needs, typically through incentive programs or auctions.
Energy consumers, utilities, grid operators, and demand response providers may be required to participate in or file for demand response competitive rounds, depending on the regulatory requirements in their jurisdiction.
To fill out a demand response competitive round, participants typically need to submit detailed information about their capabilities to reduce energy consumption, their willingness to participate in auctions or incentive programs, and any previous performance data if available.
The purpose of demand response competitive rounds is to encourage energy consumers to reduce their electricity usage during peak demand periods, thereby helping to balance the grid, reduce strain on the system, and potentially avoid costly blackouts or brownouts.
Participants in demand response competitive rounds may need to report information such as their energy reduction capabilities, past performance data, availability during peak periods, contact information, and any technical specifications or requirements for participation.
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