2015
DOI: 10.1016/j.apenergy.2014.10.048
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Review of real-time electricity markets for integrating Distributed Energy Resources and Demand Response

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Cited by 303 publications
(167 citation statements)
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“…This view of political influence on an ESI is shared by Pittman and Zhang [13] when commenting on the Chinese ESI. There has been a lack of incentives to relinquish central control by the government.…”
Section: Theme 2 -Explaining the Perceptions Around The Lack Of Reformentioning
confidence: 98%
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“…This view of political influence on an ESI is shared by Pittman and Zhang [13] when commenting on the Chinese ESI. There has been a lack of incentives to relinquish central control by the government.…”
Section: Theme 2 -Explaining the Perceptions Around The Lack Of Reformentioning
confidence: 98%
“…These notions are also built upon the "standard model of reform" which was developed to explain the evolutionary steps towards liberalisation of an ESI [9], as explained later. A liberalised energy market also aids the functioning of distributed generation when multiple sources of electricity technologies are available [13], [14]. Advanced reforms in electricity generation are consistent with more ambitious renewable energy policy, necessitating concessions to renewable energy constituencies with indications that the politics of power sector reform may encourage new renewable energy policies through the dynamic issue of linkage [15].…”
Section: Introductionmentioning
confidence: 99%
“…the desired forecasted probability density function, can be calculated through the total probability theorem as: 2 Prior parameter knowledge is expressed through corresponding prior distributions, whose parameters are usually called hyper-parameters, and they are denoted by an upper hyphen. The choice of prior distributions depends on the degree of prior confidence the forecaster puts into each parameter.…”
Section: Letmentioning
confidence: 99%
“…However, the integration of distributed energy resources into power networks is a challenging task in the view of their planning, management, and operation; thus, new research contributions are strongly encouraged in this area [1][2][3].…”
Section: Introductionmentioning
confidence: 99%
“…Electrical distribution networks that integrate generation near consumption centers, Energy Storage Systems (ESSs), and the active participation of the demand present challenges related to the operation, integration, and control of these resources, which are called DERs [1], [2]. This integration creates opportunities to define technical, regulatory, and economic strategies in order to guarantee a safe and reliable operation of isolated or interconnected microgrids [2]- [4], which enables the flexibility of the distribution network and allows the distribution system to provide ancillary services to the transmission system.…”
Section: Introductionmentioning
confidence: 99%