Electricity Marketing Strategy Based on Demand Side Management

Bidding Strategy on Demand Side Using Eligibility Traces Algorithm

Restructuring in the power industry is followed by splitting different parts and creating a competition between purchasing and selling sections. As a consequence, through an active participation in the energy market, the service provider companies and large consumers create a context for overcoming the problems resulted from lack of demand side participation in the market. The most prominent ch...

Smart Energy: Electricity Usage and Demand-Side Management in Households

Household electrical energy consumption represents a major chunk of the total demand. This demand is also exhibiting steady increase whereas supplies are struggling to keep up. This poses two key challenges to Demand-Side Management (DSM) – achieving unrealized energy savings and, reducing peak loads. Energy saving in households has not yet achieved its potential chiefly because of poor feedbac...

Foresighted Demand Side Management

We consider a smart grid with an independent system operator (ISO), and distributed aggregators who have energy storage and purchase energy from the ISO to serve its customers. All the entities in the system are foresighted: each aggregator seeks to minimize its own long-term payments for energy purchase and operational costs of energy storage by deciding how much energy to buy from the ISO, an...

Selected Topics on Demand Side Management

Optimal Modelling for Decision Making of Electricity Retailer in Power Market Contracts by Considering Demand Side Management Programs

The growth and expansion of economic concepts in the power system is increasing in last years. Energy economists have considered the optimal decision-making of electricity market retailers in recent years. In this paper, a demand response program based model is pro-posed in order to make the optimal decision of the retailer in the electricity market, taking into account the different conditions...