Which of the following is a demand side management measures?

Usually, the goal of demand-side management is to encourage the consumer to use less energy during peak hours, or to move the time of energy use to off-peak times such as nighttime and weekends. An example is the use of energy storage units to store energy during off-peak hours and discharge them during peak hours.

What is meant by demand side management?

The term Demand Side Management refers to a group of actions designed to manage and optimize a site’s energy consumption and to cut costs, from grid charges to general system charges, including taxes.

What are the different demand side management techniques?

DSM can be broadly categorized into 4 different categories. Energy efficiency (EE), Demand response (DE), Spinning reserve (SR), and Virtual power plants (VPP) are the four effective methods for demand side management and demand response.

What are the objectives of demand side management?

The objective of DSM is to inhibit consumers from depleting less energy during the peak time frame or from shifting the energy use to an off-peak time frame such as weekends or nighttime. This does not necessarily reduce overall energy usage.

What are the government’s demand side management measures?

Demand-side Management Measures. To address the overheated property market, the Government has introduced several rounds of demand-side management measures, including Special Stamp Duty (November 2010 and October 2012), Buyer’s Stamp Duty (October 2012), Doubled Ad Valorem Stamp Duty (February 2013), and New Residential Stamp Duty (November 2016).

What are demand side measures in Hong Kong?

In order to address the overheated property market and maintain financial stability, the Government (including the Hong Kong Monetary Authority) has implemented a series of demand-side management measures since 2010.

How are demand side management programs save energy?

EIA tracks the utility costs, annual energy savings, and peak demand savings from demand response programs. Utility spending on new energy efficiency programs and participants is mostly focused on residential and commercial customers.