Title :
Aggregation and management of the demand in a deregulated electricity market
Author :
Barsali, Stefano ; Ceraolo, Massimo ; Giglioli, Romano ; Poli, Davide
Author_Institution :
Dept. of Electr. Syst. & Autom., Pisa Univ., Italy
Abstract :
The deregulation of electricity markets, now coming into force in several countries, has a strong impact on the behavior of electricity customers and stimulates the use of tools for increasing the flexibility of consumption, since markets encourage price responsive demand. Load management and customer aggregation can improve the role of demand within markets, if consumers are able to respond to price signals by handling load. This paper discusses the benefits of demand aggregation and load flexibility in a deregulated context, from the point of view of customers; in addition, an example of load management procedure based on neural networks is presented.
Keywords :
customer satisfaction; demand side management; load forecasting; neural nets; power consumption; power engineering computing; power markets; consumption flexibility; customer aggregation; demand aggregation; deregulated electricity market; electricity customers; load flexibility; load management; neural networks; price responsive demand; stimulation tool; Aggregates; Economic forecasting; Electricity supply industry; Electricity supply industry deregulation; Energy management; Legislation; Load forecasting; Load management; Neural networks; Power generation economics;
Conference_Titel :
Power Tech Conference Proceedings, 2003 IEEE Bologna
Print_ISBN :
0-7803-7967-5
DOI :
10.1109/PTC.2003.1304786
