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In Norway there is a growing concern that electricity production and transmission may not meet the demand in peak-load situations. It is therefore important to evaluate the potential of different demand side measures that may contribute to reduce peak load. This paper analyses data from an...
Persistent link: https://www.econbiz.de/10011968249
A doubly censored Tobit model is used to forecast hourly air-conditioner usage for individual households. The model worked well over a wide range of temperatures, 9–38°C, making it possible to accurately forecast the electricity load for a variety of demand response applications including...
Persistent link: https://www.econbiz.de/10011041384
Advances in IT, control and forecasting capabilities have made demand response a viable, and potentially attractive, option to increase power system flexibility. This paper presents a critical review of the literature in the field of demand response, providing an overview of the benefits and...
Persistent link: https://www.econbiz.de/10011049391
To overcome the inherent clash between the ever-increasing push for electrification in the transportation and heating sectors, and the intermittent nature of renewable energy sources, demand response solutions such as direct load control (DLC) tariffs are receiving growing attention from...
Persistent link: https://www.econbiz.de/10014476351
Persistent link: https://www.econbiz.de/10012181997
To overcome the inherent clash between the ever-increasing push for electrification in the transportation and heating sectors, and the intermittent nature of renewable energy sources, demand response solutions such as direct load control (DLC) tariffs are receiving growing attention from...
Persistent link: https://www.econbiz.de/10014450827
Persistent link: https://www.econbiz.de/10014249251
Assessing the impacts of dynamic-pricing under the smart grid concept is becoming extremely important for deciding its full deployment. In this paper, we develop a model that represents the response of consumers to dynamic pricing. In the model, consumers use forecasted day-ahead prices to shift...
Persistent link: https://www.econbiz.de/10010702539
In competitive electricity markets with deep concerns for the efficiency level, demand response programs gain considerable significance. As demand response levels have decreased after the introduction of competition in the power industry, new approaches are required to take full advantage of...
Persistent link: https://www.econbiz.de/10010809660
As electricity markets deregulate and energy tariffs increasingly expose customers to commodity price volatility, it is difficult for energy consumers to assess the economic value of investments in technologies that manage electricity demand in response to changing energy prices. The key...
Persistent link: https://www.econbiz.de/10011053734