Incentives for industrial loads to provide demand response on day-ahead and reserve markets are affected both by network tariffs, as well as regulations on the provision of flexibility in different markets. This paper uses a numerical model of the chlor-alkali process with a storable...

The potential to reschedule part of the electricity demand in energy systems is seen as a significant opportunity to improve the efficiency of the systems, especially on remote and isolated systems. From the supply point of view, that flexibility might bring significant improvements to the...

Demand Response (DR) is one of the typical methods for optimizing load characteristics in power systems. Utilities offer DR schemes to generate incentives toward consumers’ power consumption behavior for load optimization. In tariff planning, power consumption variation is an important issue...

Today’s major developments in the production and demand of electricity in domestic areas make it increasingly important that domestic electricity demand can respond to the availability of electricity. Energy management systems and smart appliances can facilitate this by supporting the user to...

Meeting time-varying peak demand poses a key challenge to the U.S. electricity system. Building-based electricity storage – to enable demand response (DR) without curtailing actual appliance usage – offers potential benefits of lower electricity production cost, higher grid reliability, and...

The growing share of electricity generation from renewable energy creates difficulties in maintaining the balance of generation and demand. This is mainly due to uncertainties caused by prediction errors in renewable generation. In order to maintain power system security, the participation of...

The high penetration of both Distributed Energy Resources (DER) and Demand Response (DR) in modern power systems requires a sequence of advanced strategies and technologies for maintaining system reliability and flexibility. Real-time electricity markets (RTM) are the non-discriminatory...

In district energy systems powered by Combined Heat and Power (CHP) plants, thermal storage can significantly increase CHP flexibility to respond to real time market signals and therefore improve the business case of such demand response schemes in a Smart Grid environment. However, main...

This paper presents a methodology to systematically formulate a hybrid renewable energy system (HRES), which consists of solar, wind and diesel generator as a backup resource as well as battery storage, from the preliminary design stage to the optimal operation. Detailed modeling of each system...

As a recently increasing trend among different applications of smart grid vision, smart households as a new implementation area of demand response (DR) strategies have drawn more attention both in research and in engineering practice. On the other hand, optimum sizing of renewable energy based...