Could aligning demand-side management with energy efficiency help prove the dollar value of dynamic pricing?
LW. I think that if you can tie any of these programs into carbon reduction or being green, it’s extremely appealing to customers. From an energy conservation perspective, we’re doing studies right now that suggest that over the next 10 years energy efficiency can actually replace much of the load growth that’s planned to happen. And energy efficiency can definitely result in carbon savings; there’s no doubt about that. But does it result in NOX and SOX savings? Maybe, maybe not. It depends on the utility, depends on what their power mix is, and it depends on what comes online and what goes offline. Let me say something about that with respect to demand response, too. With demand response, what you’re doing is you’re shifting your load from peak to off-peak periods. Whether you get carbon benefits or environmental benefits as well depends on what your power mix looks like. If you’re in a very nuclear intensive area, you will get benefits because you’re going to have more nuclear coming