2007
DOI: 10.1109/pes.2007.385728
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Demand Response in Electricity Markets: An Overview

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Cited by 638 publications
(376 citation statements)
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“…This enables the company to remotely change tariffs in electricity meters, inform about the current price of electricity or turn off or on the equipment thus performing peak demand reduction, handling an emergency situation or ensure grid stability (Gardner, 1995) (Albadi & El-Saadany, 2007). This control involves an interaction between the utility and the end-use equipment, e.g., the water heater, the air conditioning or public lighting.…”
Section: Theory Of Load Managementmentioning
confidence: 99%
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“…This enables the company to remotely change tariffs in electricity meters, inform about the current price of electricity or turn off or on the equipment thus performing peak demand reduction, handling an emergency situation or ensure grid stability (Gardner, 1995) (Albadi & El-Saadany, 2007). This control involves an interaction between the utility and the end-use equipment, e.g., the water heater, the air conditioning or public lighting.…”
Section: Theory Of Load Managementmentioning
confidence: 99%
“…Another type of direct LM program may include demand bidding, which can be understood as an extension of load curtailment programs (Charles River Associates, 2005). Such programs are based on consumers bids in the wholesale electricity market, based on electricity prices they are willing to pay or the amount of demand they can reduce (Gillingham, Newell, & Palmer, 2004) (Albadi & El-Saadany, 2007) (Albadi & El-Saadany, 2008). It is also highlighted by Kostková, Omelina, Kyčina, & Jamrich (2013) benefiting from the stimuli provided by the grid, e.g., RTP, and saving money and energy.…”
Section: Theory Of Load Managementmentioning
confidence: 99%
“…As a part of the smart grid architecture, a home/building energy management (HEM/BEM) system can be an effective tool to reduce peak electricity demand and improve electric utility load factor [1]. It can help mitigate power system stress conditions and improve the utilization of generation, transmission and distribution resources.…”
Section: Introductionmentioning
confidence: 99%
“…This low load factor causes inefficient operation of generation, transmission and distribution resources. To avoid system stress conditions due to increasing demand [1] and to use power system resources more efficiently, demand response (DR) can serve as an effective tool to reduce peak demand through demand-side load curtailment [2]. A fully automated DR program [3] is one that can provide load management to meet electric utility needs without direct customer intervention.…”
Section: Introductionmentioning
confidence: 99%