Title :
Challenges in mapping of wholesale to retail prices
Author :
Navid, Nivad ; Robinson, Michael
Author_Institution :
Market Dev. & Anal. Dept., Midwest ISO, Carmel, IN, USA
Abstract :
The current trends encourage the expansion of demand response in power system operation. Although operational strategies for various demand response classes (industrial, commercial and residential) are different, a set of common challenges face the integration of demand response resources into energy market and operating reserve mechanisms.
Keywords :
demand side management; power markets; pricing; demand response expansion; demand response resources; energy market; operating reserve mechanism; power system operational strategy; retail price; wholesale price; Business; Economics; Educational institutions; ISO; Load management; Real time systems; Security;
Conference_Titel :
Power and Energy Society General Meeting, 2011 IEEE
Conference_Location :
San Diego, CA
Print_ISBN :
978-1-4577-1000-1
Electronic_ISBN :
1944-9925
DOI :
10.1109/PES.2011.6039682
