The growth of advanced metering infrastructure, enhanced communication infrastructure in power grids, and the ability of end-user consumer to actively participate helps in realizing vision of sustainable energy systems. Demand response (DR) programs are developed in order to deploy this ability...

Following the deregulation experience of retail electricity markets in most countries, the majority of the new entrants of the liberalized retail market were pure REP (retail electricity providers). These entities were subject to financial risks because of the unexpected price variations, price...

Demand side management (DSM) can be defined as modifications in the demand side energy consumption pattern to foster better efficiency and operations in electrical energy systems. DSM activities, which are classified into “energy efficiency (EE)” and “demand response (DR)” are becoming...

Ireland is currently striving to source 10% of the energy required for its transport fleet from renewable energy sources by 2020. As part of the measures being implemented in order to help realise this ambitious target a number of Government schemes have been introduced to financially subsidise...

The aim of this work is to demonstrate analytically under what conditions activating elasticity of demand of consumers could be beneficial for the social welfare. It has added to the literature on analyzing the use of price signals in eliciting demand response by an analytical approach. We...

In a deregulated market, independent system operators meet power balance based on supply and demand bids to maximize social welfare. Since electricity markets are typically oligopolies, players with market power may withhold capacity to maximize profit. Such exercise of market power can lead to...

In recent years intelligent Building Automation Systems, based on best practice open technology, have succeeded in helping facilities reduce their infrastructure, installation and operating costs. The idea was - 'the less the human intervention and the more automated the system then the more...

In recent years intelligent Building Automation Systems, based on best practice open technology, have succeeded in helping facilities reduce their infrastructure, installation and operating costs. The idea was - 'the less the human intervention and the more automated the system then the more...

Recently issued U.S. Federal Energy Regulatory Commission regulations require comparable treatment of demand reduction and generation in the wholesale electric market so that they are compensated at the same market clearing price. The new regulations measure demand reduction as a reduction from...

Nowadays, the European electricity systems are evolving towards a generation mix that is more decentralised, less predictable and less flexible to operate. In this context, additional flexibility is expected to be provided by the demand side. Thus, how to engage consumers to participate in...