Isgt 2011 2011
DOI: 10.1109/isgt.2011.5759184
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Smart grid: An electricity market perspective

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Cited by 16 publications
(11 citation statements)
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“…A market design which gives consumers a wide array of choices concerning energy trading would become possible. As the data on the consumption and generation of electricity becomes accessible through the use of advanced metering schemes [44], consumer insight into the origin of their electricity use increases as well as a more accurate allocation and reconciliation process for the energy suppliers.…”
Section: Market Facilitationmentioning
confidence: 99%
“…A market design which gives consumers a wide array of choices concerning energy trading would become possible. As the data on the consumption and generation of electricity becomes accessible through the use of advanced metering schemes [44], consumer insight into the origin of their electricity use increases as well as a more accurate allocation and reconciliation process for the energy suppliers.…”
Section: Market Facilitationmentioning
confidence: 99%
“…Historically the proportion of energy usage in the form of electricity has been increasing in both developed and developing economies [29]. This inherent preference for electricity is based on its cleanliness and convenience at the point of use.…”
Section: Electricity Spot Pricementioning
confidence: 99%
“…The three curves in the figure correspond to three different post-fault steady state loading levels with the corresponding stable equilibrium points (δ) at 0, 30 and 60 degrees respectively. In [11] a vision of the smart grid from the market perspective was presented. In that vision, stability problems would be completely subdued to make the power grid as flexible as any other commodity network such as natural gas, water, railways, telecommunications and the internet as well as stock exchange.…”
Section: Chaos In Power Systemsmentioning
confidence: 99%