Recently issued U.S. Federal Energy Regulatory Commission regulations require comparable treatment of demand reduction and generation in the wholesale electric market so that they are compensated at the same market clearing price. The new regulations measure demand reduction as a reduction from...

Nowadays, the European electricity systems are evolving towards a generation mix that is more decentralised, less predictable and less flexible to operate. In this context, additional flexibility is expected to be provided by the demand side. Thus, how to engage consumers to participate in...

Using an agent-based modeling approach we study the temporal dynamics of consumer opinions regarding switching to dynamic electricity tariffs and the actual decisions to switch. We assume that the decision to switch is based on the unanimity of $\tau$ past opinions. The resulting model explains...

In recent years, demand response and load control automation has gained increased attention from regulators, system operators, utilities, market aggregators, and product vendors. It has become a cost-effective demand-side alternative to traditional supply-side generation technologies to balance...

This paper proposes a new wind offering strategy in which a wind power producer employs demand response (DR) to cope with the power production uncertainty and market violations. To this end, the wind power producer sets demand response (DR) contracts with a DR aggregator. The DR aggregator...

Electricity generation accounts for 40% of CO2 emissions from fossil fuel combustion in the United States. Section 111 of the Clean Air Act (CAA) allows for greenhouse gas emission regulation by the US Environmental Protection Agency (EPA). In June 2014, EPA issued the Clean Power Plan that...

Increasing penetrations of intermittent renewable energy resources will require additional power system services. California recently adopted an energy storage mandate to support its renewable portfolio standard, which requires 33% of delivered energy from renewables by 2020. The objective of...

The growth of advanced metering infrastructure, enhanced communication infrastructure in power grids, and the ability of end-user consumer to actively participate helps in realizing vision of sustainable energy systems. Demand response (DR) programs are developed in order to deploy this ability...