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ECM
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ECM
Demand-Side Management & Metering Tech
Combining real-time usage data with the newest technology can earn benefits for utilities.
Some amount of confusion on the part of end-users of electricity is inevitable as the electricity industry evolves. Confusion seems to be a necessary ingredient of change. At PJM Interconnection, we see fusion as the answer to confusion. First is the fusion of technology-both computing and communications technology-with the electric industry. Second is the fusion of pricing and usage information with the end-user's ability to act on that information.
We can maximize efficiency using pricing information. Once customers are able to see and respond to real-time pricing information, the electric industry will be more efficient, and concerns about market power will lessen. Fusion will replace confusion. The questions are, when, and how?
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