Abstract:-DR(Demand response) is a rising issue in electricity power market by reducing load quantity instead of increasing generation for balancing demand and supply. DR resources are regarded as an extra tool of balancing supply and demand in emergency condition. DR resources usage in normal condition is also possible and used for the purpose of reliability and economic effect. For determining incentive for DR resources in PJM, fixed incentive level was used to reward the effect of market price reduction by DR progra… Show more
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