Titan Energy Worldwide, Inc. has announced that the Company is expanding its service offerings to include support and management of generators in demand response (DR) programs.
Demand response programs are utilized to curtail the electrical load on the utility grid during periods of peak demand.
Titan will focus primarily on utility sponsored programs called "interruptible rate" DR which utilize a customer's onsite power generation as a source of load control.
Titan's DR management program combines complete generator service and maintenance capabilities, onsite monitoring, remote control and sophisticated trending analyses. Real time information and customized reports can be provided to customers, utilities and service providers.
"Building off our excellent service program that currently supports more than 5,000 generators for a variety of customers nationwide, Titan Energy has developed a specialized program dedicated to the management of power generation systems enrolled in demand response programs. Interruptible rate DR programs have been in existence for decades, and currently more than 100,000 generators are estimated to be enrolled in these programs across the nation.
Titan will target the thousands of existing customers in our service areas as well as work with providers who are installing new DR systems," stated Jeffrey Flannery, Chief Executive Officer of Titan Energy Worldwide, Inc.
Added Flannery, "Interruptible rate DR is a productive and effective means of load control if the power generation assets are properly managed and controlled. Without proper management, generators in these programs can fail to respond to utility requests resulting in fines to the generator owner for non-performance.”
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