2013
DOI: 10.1111/joes.12033
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Demand, Customer Base‐line and Demand Response in the Electricity Market: A Survey

Abstract: The increasing use of demand‐side management, as a tool to reliably meet electricity demands at peak time, has stimulated interest among researchers, consumers and producer organiza‐tions, managers, regulators and policymakers. This research reviews the growing literature on models which are used to study demand, customer base‐line (CBL) and demand response in the electricity market. After characterizing the general demand models, the CBL, based on which the demand response models are studied, is reviewed. Giv… Show more

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Cited by 27 publications
(12 citation statements)
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“…Unlike traditional models where supply response is practiced, in the deregulated electricity markets case demand response and its management is increasingly employed (Heshmati, 2013a). In situations with expansion of demand for electricity, it might be cheaper to reduce demand than to increase supply.…”
Section: Policy Implications Of the Resultsmentioning
confidence: 99%
“…Unlike traditional models where supply response is practiced, in the deregulated electricity markets case demand response and its management is increasingly employed (Heshmati, 2013a). In situations with expansion of demand for electricity, it might be cheaper to reduce demand than to increase supply.…”
Section: Policy Implications Of the Resultsmentioning
confidence: 99%
“…Energy is mainly sourced from non-renewable polluting sources. Heshmati (2014a) suggests use of demand response to reduce the consumption of electricity.…”
Section: Circular Economy As a Development Strategymentioning
confidence: 99%
“…The increasing use of demand-side management as a tool to reliably meet electricity demands at peak time, has stimulated interest among stakeholders of the energy market. Heshmati (2014) reviews the literature and models on demand, customer base-line and demand response in the electricity market. An appropriate model for each case is combined and the implications of the results discussed.…”
Section: Green Hydrogen Economy Energy and Energy Taxmentioning
confidence: 99%