Does an electricity market which has been restructured to foster competition provide greater opportunities for demand response than a traditional regulated utility industry? The experiences of the restructured Electric Reliability Council of Texas (ERCOT) market over the past eight years provide...

In the restructured electric power utility industry, reducing the risk exposure of profit to the highly volatile electricity wholesale price and the fluctuating demand of end users is essential to the financial success of load-serving entities (LSEs). Demand response (DR) programs have been...

This paper analyzes data from 483 households that took part in a critical-peak pricing (CPP) experiment between July and September 2004. Using a regression-based approach to quantify hourly baseline electric loads that would have occurred absent CPP events, we show a statistically significant...

Large-scale diffusion of distributed energy resources (DERs) will have a profound impact on electricity infrastructure functioning: it will bring radical changes to the traditional model of generation and supply as well as to the business model of the energy industry. DERs comprise distributed...

Dwindling fossil fuel resources and pressures to reduce greenhouse gas emissions will result in a more diverse range of generation portfolios for future electricity systems. Irrespective of the portfolio mix the overarching requirement for all electricity suppliers and system operators is to...

A transition to a decentralised, decarbonised energy system for the domestic sector is constrained by the difficulty of obtaining energy balance between fluctuating demand and the intermittent, non-dispatchable power supply delivered by most renewables. A microgrid system including a mix of...

Demand response (DR) can be very useful for an industrial facility, since it allows noticeable reductions in the electricity bill due to the significant value of energy demand. Although most industrial processes have stringent constraints in terms of hourly active power, DR only becomes...

Smart grid technologies may bring substantial advantages to society, but the required investments are sizable. This paper analyzes three main issues related to smart grids: reliability, demand response and cost recovery of investments. In particular, we show that generators will lose profits as...

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...

Due to the integration of intermittent resources of power generation such as wind and solar, the amount of supplied electricity will exhibit unprecedented fluctuations. Electricity retailers can partially meet the challenge of matching demand and volatile supply by shifting power demand...