A review of the costs and benefits of demand response for electricity in the UK

By Peter Bradley, Matthew Leach, Jacopo Torriti. 2013

182 citations recorded by the source corpus.

The recent policy discussion in the UK on the economic case for demand response (DR) calls for a reflection on available evidence regarding its costs and benefits. Existing studies tend to consider the size of investments and returns of certain forms of DR in isolation and do not consider economic welfare effects. From review of existing studies, policy documents, and some simple modelling of benefits of DR in providing reserve for unforeseen events, we demonstrate that the economic case for DR in UK electricity markets is positive. Consideration of economic welfare gains is provided.

Subfields: Electrical and Electronic Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/096d1f494408cba7c9f189e9ffb088ceece3f1be

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In Electrical and Electronic Engineering

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

An overview of Demand Response: Key-elements and international experience (2017, result): “Similar to [18], Bradley et al. performed a review-based analysis for the UK in order to evaluate the possible bene ﬁ ts and required costs for wider penetration of DR [19].”
How to engage consumers in demand response: A contract perspective (2013, background): “Yet, consumers making the transition towards activeness are key to the future role of the demand side as a source of flexibility for the electricity system (Bradley et al., 2013).”
On demand: Can demand response live up to expectations in managing electricity systems? (2019, background): “Expected technology costs are reviewed by [88], but not the cost of engaging consumers, which can be significant [32].”