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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...
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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...
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We analyze the gross welfare gains from real-time retail pricing in electricity markets where carbon taxation induces investment in variable renewable technologies. Applying a stylized numerical electricity market model, we find a U-shaped association between carbon taxation and gross welfare...
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About 23% of energy derived from woody sources in the U.S. was consumed by households, of which 70% was used by households in rural areas in 2005. We investigated factors affecting household-level wood energy consumption in the four continental U.S. regions using data from the U.S. Residential...
Persistent link: https://www.econbiz.de/10010868741
The international roll out of residential smart meters has increased considerably in recent years. The improved consumption feedback provided, and in particular, the installation of in-house displays, has been shown to significantly reduce residential electricity demand in some international...
Persistent link: https://www.econbiz.de/10011039555
Within the field of Distributed Generation (DG), stand-alone Hybrid Power Systems (HPS) are a suitable solution to provide energy to isolated facilities where the connection to a centralized grid is not affordable. The logical evolution of such systems involves the optimization of power...
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