Key facts
- A new framework has been developed to determine the economic value of energy efficiency and flexible demand.
- The tool assesses the costs associated with measures that shift or reduce electricity demand.
- The framework offers an alternative to traditional supply-focused approaches in the energy sector.
A new framework has been introduced to help determine the economic value of energy efficiency and flexible demand. This tool is designed to assess the costs associated with measures that shift or reduce electricity demand, offering an alternative perspective to traditional supply-focused approaches in the energy sector. The development aims to provide a clearer understanding of the financial implications of managing electricity consumption patterns. The new framework will be used to find out the value of energy efficiency and flexible demand.