The facility’s load-use profile obtained intelligent monitoring with a demand factor of 1.12. Will demand response work for you?
The facility’s load-use profile obtained intelligent monitoring with a demand factor of 1.12. With such a low demand factor very little could be done to reduce since the facility was already operating close to minimum demand. The facility was also unable secure any significant benefit from local demand response programs short of a partial or complete shutdown. In fact, there was very little to be gained from typical load management strategies.
Energy managers should be putting effort towards energy efficiency projects. Specifically, on equipment that operates 24 hours per day like some lighting, cooling or 24 hour processes. In this situation with low demand factor, there is nearly a 1 to 1 relationship between energy reduction and cost reduction. As overall energy usage drops, the demand will drop proportionately and along with its demand charges. Maximize energy efficiency on 24 hour equipment and pass on demand response when demand factor is close to 1.0.
PredictEnergy® helps drive down energy costs in what enterprises make, move or store. You can forecast energy project savings, verify results, as well as identify additional savings in your facility operations. Please contact us today if you would like to try PredictEnergy® for free!