Title :
Demand Response in Electricity Markets: An Overview
Author :
Albadi, M.H. ; El-Saadany, E.F.
Author_Institution :
Dept. of Electr. & Comput. Eng., Univ. of Waterloo, Waterloo, ON
Abstract :
This paper presents an overview of demand response (DR) in electricity market. The definition and a classification of demand response will be presented. Different potential benefits as well as cost components of demand response will be presented. The most common indices used for demand response evaluation are highlighted. Moreover, some utilities experiences with different demand response programs will be presented.
Keywords :
demand side management; power markets; demand response; electricity markets; incentive based programs; market based programs; price based programs; price elasticity; real time pricing; Costs; Distributed power generation; Electricity supply industry; Energy consumption; Load management; Potential well; Pricing; Reliability; Thermostats; Timing; Demand Response; Incentive based programs; Market based programs; Price elasticity; Price-based programs; Real time pricing;
Conference_Titel :
Power Engineering Society General Meeting, 2007. IEEE
Conference_Location :
Tampa, FL
Print_ISBN :
1-4244-1296-X
Electronic_ISBN :
1932-5517
DOI :
10.1109/PES.2007.385728
