Denmark introduced a tax on saturated fat in food products with effect from October 2011. This paper makes an effect assessment of this tax for some product categories affected by the new tax: meats and dairy products. This assessment is done by conducting an econometric analysis on monthly food...

The issue of worldwide over consumption and squandering of electrical energy has resulted in what one might call an energy obesity problem in terms of energy intake and its expenditure. It is indeed something that must change if modern society is to become sustainable someday. This is to be...

Demand side participation in frequency control in power systems, which leads to reduced reliance on conventional thermal units in procuring essential control functions of future energy networks, has gained increased developments in recent years. In this context, the aim of this paper is to...

The advent of "smart meters" will make possible Real Time Pricing of electricity: customers will face and react to wholesale spot prices, thus consumption of electric power will be aligned with its opportunity cost. This article determines the marginal value of a fraction of demand (or a...

The advent of "smart meters" will make possible Real Time Pricing of electricity: customers will face and react to wholesale spot prices, thus consumption of electric power will be aligned with its opportunity cost. This article determines the marginal value of a fraction of demand (or a...

Both performance optimization and scheduling of the distributed generation (DG) are relevant implementing an energy management system (EMS) within Microgrid (MG). Furthermore, optimization methods need to be applied to achieve maximum efficiency, improve economic dispatch as well as acquiring...

This paper deals with how demand response can contribute to the better integration of renewable energy resources such as wind power, solar, small hydro, biomass and CHP. In particular, an economic evaluation performed by means of the micro-power optimization model HOMER Energy has been done,...

The growing share of electricity generation from renewable energy creates difficulties in maintaining the balance of generation and demand. This is mainly due to uncertainties caused by prediction errors in renewable generation. In order to maintain power system security, the participation of...

The high penetration of both Distributed Energy Resources (DER) and Demand Response (DR) in modern power systems requires a sequence of advanced strategies and technologies for maintaining system reliability and flexibility. Real-time electricity markets (RTM) are the non-discriminatory...

In district energy systems powered by Combined Heat and Power (CHP) plants, thermal storage can significantly increase CHP flexibility to respond to real time market signals and therefore improve the business case of such demand response schemes in a Smart Grid environment. However, main...