Each year in the graduate course on "Economic Dispatch and Control of Integrated Power Systems," the students prepare a term project which is assembled into a report. This year, the assigned topic relates to demand side management. This topic appears to be especially timely and, because it relates to the revenue derived by the electric utility. The term demand side management (DSM) refers to modification of power system demand by some means in order to obtain better load factor characteristics. The study of DSM has many unresolved issues - many stem from the fact that the electric utility industry is regulated, costs are often difficult to assign to the sector that causes those costs, and governmental regulations are not always consistent with physical laws. Most power engineers feel that DSM has the potential of substantial industry-wide savings. Hopefully some of these points come through in the student presentations.
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