Demand Response and Electricity Market Efficiency

By Kathleen L. Spees, Lester B. Lave. 2007

297 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/acea4581018ea527bd9c71dd93d15696df867095

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In Electrical and Electronic Engineering

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

The role of communication systems in smart grids: Architectures, technical solutions and research challenges (2013, background): “…of electricity markets exist, which are regulated by different rules: (i) the wholesale electricity market for trading large amounts of energy between generators, system operators and retailers, and (ii) the retail electricity market, in which electricity retailers sell energy to end users [49].”
Demand response experience in Europe: Policies, programmes and implementation (2010, background): “literature dedicates significant attention to these two broad problems, underlying, on the one hand, the difficulties of flattening the demand curve for electricity due to lack of policies aimed at designing Time of Use tariffs that will produce the greatest shifts in usage [3, 4] and slow deploymen”
Strategic Bidding for a Large Consumer (2015, background): “References [13]–[15] analyze the market efficiency under different levels of demand elasticity, while [16] and [17] study the impacts of demand response on LMPs.”
A Survey on Demand Response Programs in Smart Grids: Pricing Methods and Optimization Algorithms (2015, background): “In [26], the authors study the state of DR technology in electric-”
A review of the costs and benefits of demand response for electricity in the UK (2013, background): “…(ABOC).6 From Section 2.1 onwards the term welfare gain is termed a net welfare benefit in order to keep consistency and fluidity in our use of language.7 1 For efficiency programmes, Spees and Lave (2007) report energy efficiency gains for nine studies, some of which include economic estimates.”
An overview of Demand Response: Key-elements and international experience (2017, background): “Market monitoring is a way to address this issue; however, the economic and technical de ﬁ ciencies Energy Quantity of this approach have led to the enforcement of price caps, which in turn limits the potential of peaking units to recover their investment costs [109].”