Europe has the required infrastructure to implement customer-centric demand response (DR) programs; however, the region is showing slow adoption rates due to the lack of homogenous regulations and consumer awareness. Nevertheless, utilities are starting to perceive DR as a useful resource rather than a complication. Aided largely by the advances in ICT, DR can demonstrably help the European Union (EU) achieve close to 40 percent of its 2020 energy savings and CO2 emission reduction targets.
Frost & Sullivan’s recent analysis, European Demand Response (DR) Market, 2018–2025, includes revenue forecasts, discussion on the competitive structure, and market share analysis. The base year of the study is 2017, and the forecast period is 2018 to 2025.
The report can be downloaded from here.