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How To Unlock the Power of Demand Response

Pay in 4 easy, interest-free instalments with Afterpay Check the website for more information Official Website: https://bit.ly/3BQzaWA Amazon: https://amzn.to/47TwuUh eBay: https://bit.ly/4exNVMq Whether you're deep into energy systems or just trying to make your home more efficient, you’ve probably heard about the potential for saving money with smarter electricity use. But how much control are you willing to give up to do that? In this video, we’re going to dig into demand response—an approach that allows consumers to adjust their electricity usage to help balance the grid, cut costs, and reduce emissions. We’ll explore both the benefits and the risks—how much flexibility you really need to make a difference, and whether exposing yourself to volatile electricity markets is worth it. I’ll also share some personal experiences and practical examples, including the role of technology in making this all a bit easier. If you would like to help develop the Engineering with Rosie channel, you could consider joining the Patreon community, where there is a chat community (and Patreon-only Discord server) about topics covered in the videos and suggestions for future videos and production quality improvements.   / engineeringwithrosie   Or for a one-off contribution you can support by buying a coffee ☕️ here — https://www.buymeacoffee.com/engwithr... The Engineering with Rosie team is: Rosemary Barnes: presenter, producer, writer Javi Diez: editor https://www.linkedin.com/in/javierdie... Bookmarks: 00:00 Intro 00:48 What is Demand Response? 02:42 How Much Flexibility is Needed? 03:56 Early adopters 07:54 Market-Driven Approach 08:41 Flexible tariff missteps 10:56 Is Flexible Demand Unreliable? 12:23 Is Flexible Demand Inconvenient? 12:49 Future of demand response Sources: https://rmi.org/wp-content/uploads/20... https://arena.gov.au/renewable-energy... https://electricenergyonline.com/ener... https://uplight.com/press/consumers-e... https://www.sce.com/business/savings-... https://rmi.org/wp-content/uploads/20... https://www.cbsnews.com/news/griddy-e... #EcoFlowAustralia #EcoFlow #EcoFlowDELTAPro3 #SolarGenerator #homebackuppower