We build a system dynamics model to evaluate the potential dynamics of consumer adoption of Smart Energy Behaviour. Within this term we include different levels of: i) shift in electricity consumption towards less costly-less polluting and congestioning hours; ii) the reduction of mainly...

It is expected that the renewable share of energy generation will rise considerably in the near future. The intermittent and uncertain nature of renewable energy (RE) calls for storage and grid management technologies that can allow for increased power system flexibility. To assist policy makers...

Demand Response (DR) is capable of reducing the need for generation capacity investments in order to ensure system security. We utilise this fact to devise a novel methodology for estimating a load-shifting DR resource's capacity contribution and therefore determining DR's potential for...

When prices are set properly, they serve as important signals to guide customers to consume the efficient quantity of a good. However, in electricity markets many consumers do not pay prices that reflect the scarcity of power. The true social cost of power varies throughout a typical day; power...

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...

This thesis identifies the conditions under which and quantifies how much society gains from integrating demand response directly into wholesale electricity markets and the level of participation that will bring about these improvements. Furthermore, it identifies the conditions under which the...

Despite temporal changes in wholesale electricity prices, retail prices are typically constant throughout the day. To address this economic inefficiency, Detroit Edison, a subsidiary of DTE Energy (DTE), can introduce residential dynamic pricing rates to incent customers to shift load away from...

This thesis addresses the explicit representation of demand-side resources as participants in the day-ahead electricity markets and assesses their impacts on schedul-ing and prices. These resources offer to reduce their loads and compete side-by-side with the supply-side resources in the hourly...

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...