Are utilities ready to fully harness demand flexibility? [partner content]
Scott Engstrom, co-founder and chief customer officer at GridX, discusses with host Stephen Lacey why utilities are shifting from supply-side decarbonization to demand flexibility. Engstrom explains how time-varying rates and complex rate analytics help manage grids with high renewable penetration, citing Southern California Edison's success during the 2022 heat wave. He also addresses equity concerns for low-income customers and contrasts successful rate designs with the failures of real-time pricing during Winter Storm Uri in Texas.