The Intercast and Forge Demand Response project is Australia’s largest iron casting foundry located in South Australia. IThe company has installed sophisticated energy systems that allows it to provide dispatchable demand response by powering down furnaces during peak events. The project involves the deployment of 10 MW of demand response reserve to be available for each of the three years of the trial.
How the project works
The Intercast and Forge Demand Response project responded to AEMO’s initiative under the Short Notice Reliability and Emergency Reserve Trader (RERT) to deliver its reserve by providing direct curtailment of all energy use at the foundry site in South Australia.
Area of innovation
Participation in the demand response initiative plays an important role in understanding how large industrial users can play a role in managing demand during extreme peaks.
The program will help to establish whether demand response can assist in maintaining a stable electricity grid in Eastern Australia.
If millions of Australian households and businesses continue to invest in their own solar and battery systems, this vast array of small scale energy assets known as Distributed Energy Resources (DER) could create enormous disruption to the electricity system.Read more
The Australian Competition and Consumer Commission (ACCC) has released its final report on electricity prices on Wednesday, calling for reforms to overhaul what it dubbed a “broken” electricity market.Read more