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market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand … and demand response in the power market and their relationships. It enhances demand response in the electricity market … vulnerability. -- power market ; demand models ; demand response ; customer base-line ; forecast …
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wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers’ inability to control … demand, means that consumer behaviour is not reflected in the cost of energy. This study analyses the impact of price …-responsive demand and shows how pricing, policy and technology can be used to inform consumer behaviour and choice. …
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