International agreements support the modernization of electricity networks and renewable energy resources (RES). However, these RES affect market prices due to resource variability (e.g., solar). Among alternatives, Demand Response (DR) is presented as a tool improve balance between supply demand by adapting consumption available production. In this sense, work focuses on developing DR model th...

“Smart grid”-enabled demand response (DR) provides significant opportunities to improve today’s electricity grids’ reliability, efficiency, affordability and security. In contrast to conventional DR, electricity storage in buildings (residential or commercial) can provide essential, flexible and reliable DR service without requiring consumers to operate their appliances on shifted or reduced sc...

In this paper, a heuristic mathematical model for optimal decision-making of a Distribution Company (DisCo) is proposed that employs demand response (DR) programs in order to participate in a day-ahead market, taking into account elastic and inelastic load models. The proposed model is an extended responsive load modeling that is based on price elasticity and customers’ incentives in which they...

This paper presents an analysis of competition between generators when incentive-based demand response is employed in an electricity market. Thermal and hydropower generation are considered in the model. A smooth inverse demand function is designed using a sigmoid and two linear functions for modeling the consumer preferences under incentive-based demand response program. Generators compete to ...

Sustainable energy development requires environment-friendly energy-generating methods. Pricing system constraints influence the efficient use of resources. Real-Time (RTP) is theoretically superior to previous pricing systems for allowing demand response (DR) activities. The DR approach has been useful correcting supply–demand imbalances as technology evolved. There are several determining and...

Over the last few years, load growth, increases in intermittent generation, declining technology costs and increasing recognition of the importance of customer behaviour in energy markets have brought about a change in the focus of Demand Response in Europe. The long standing programmes involving large industries, through interruptible tariffs and time of day pricing, have been increasingly com...

The development of advanced metering technologies makes demand response (DR) able to provide fast response services, e.g., primary frequency control. It is recognized that DR can contribute to the primary frequency control like thermal generators. This paper proposes a day-ahead scheduling method that considers DR as a frequency control resource, so that the DR resources can be dispatched prope...

With high penetration of renewable energy sources (RESs), advanced microgrid distribution networks are considered to be promising for covering uncertainties from the generation side with demand response (DR). This paper analyzes effectiveness multi-objective optimization in optimal resource scheduling consumer fairness under uncertainty. The concept is provide conditions power gaps and time gap...