A summary of demand response in electricity markets

M. H. Albadi; E. F. El-Saadany

doi:10.1016/j.epsr.2008.04.002

A summary of demand response in electricity markets

M. H. Albadi^*, E. F. El-Saadany

^*Corresponding author for this work

Research output: Contribution to journal › Review article › peer-review

1514 Citations (Scopus)

Abstract

This paper presents a summary of Demand Response (DR) in deregulated electricity markets. The definition and the classification of DR as well as potential benefits and associated cost components are presented. In addition, the most common indices used for DR measurement and evaluation are highlighted, and some utilities' experiences with different demand response programs are discussed. Finally, the effect of demand response in electricity prices is highlighted using a simulated case study.

Original language	English
Pages (from-to)	1989-1996
Number of pages	8
Journal	Electric Power Systems Research
Volume	78
Issue number	11
DOIs	https://doi.org/10.1016/j.epsr.2008.04.002
Publication status	Published - Nov 2008
Externally published	Yes

Keywords

Demand response
Electricity markets
Price elasticity
Real time pricing

ASJC Scopus subject areas

Energy Engineering and Power Technology
Electrical and Electronic Engineering

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10.1016/j.epsr.2008.04.002

Cite this

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title = "A summary of demand response in electricity markets",

abstract = "This paper presents a summary of Demand Response (DR) in deregulated electricity markets. The definition and the classification of DR as well as potential benefits and associated cost components are presented. In addition, the most common indices used for DR measurement and evaluation are highlighted, and some utilities' experiences with different demand response programs are discussed. Finally, the effect of demand response in electricity prices is highlighted using a simulated case study.",

keywords = "Demand response, Electricity markets, Price elasticity, Real time pricing",

author = "Albadi, {M. H.} and El-Saadany, {E. F.}",

year = "2008",

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AU - Albadi, M. H.

AU - El-Saadany, E. F.

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N2 - This paper presents a summary of Demand Response (DR) in deregulated electricity markets. The definition and the classification of DR as well as potential benefits and associated cost components are presented. In addition, the most common indices used for DR measurement and evaluation are highlighted, and some utilities' experiences with different demand response programs are discussed. Finally, the effect of demand response in electricity prices is highlighted using a simulated case study.

AB - This paper presents a summary of Demand Response (DR) in deregulated electricity markets. The definition and the classification of DR as well as potential benefits and associated cost components are presented. In addition, the most common indices used for DR measurement and evaluation are highlighted, and some utilities' experiences with different demand response programs are discussed. Finally, the effect of demand response in electricity prices is highlighted using a simulated case study.

KW - Demand response

KW - Electricity markets

KW - Price elasticity

KW - Real time pricing

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U2 - 10.1016/j.epsr.2008.04.002

DO - 10.1016/j.epsr.2008.04.002

M3 - Review article

AN - SCOPUS:49849094402

SN - 0378-7796

VL - 78

SP - 1989

EP - 1996

JO - Electric Power Systems Research

JF - Electric Power Systems Research

IS - 11

ER -

A summary of demand response in electricity markets

Abstract

Keywords

ASJC Scopus subject areas

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