Nielsen, Kurt; Tamirat, Tseganesh Wubale - Centre of Management Science and Production Economics, … - 2014
We suggest a market design for rapid demand response in electricity markets. The solution consists of remotely … investments in backup generators. We focus on turning the many private backup generators into a demand response system. The … demand response system. An auction run instantly as the Transmission System Operator (TSO) requests demand response and the …