Demand response (DR) programs have recently become popular means of mitigating excessive claims on regional electricity networks and providing more reliable access to electric power. Many countries have experimented with DR pilot programs and some are beginning to incorporate similar schemes as...

In this paper we expand the IRSP (integrated resource strategic planning) model by including the external cost of TPPs (traditional power plants) and popularization cost of EPPs (efficiency power plants) with nonlinear functions. Case studies for power planning in China during 2011–2021 are...

In this paper we propose an evolutionary imperfect information game approach to analyzing bidding strategies in electricity markets with price-elastic demand. In previous research, opponent generation companies’ (GENCOs’) bidding strategies were assumed to be fixed or subject to a fixed...

The escalating demand for electricity in China has caused an electricity shortage in the past several years. This paper discusses the role of demand response (DR) as an integral component in alleviating the problem and coping with this shortfall. It reviews current experience with DR programs,...

Demand response to time-varying pricing of electricity is critical to a smart grid's efficient management of electrical resources. This paper presents a new approach to quantify residential demand responsiveness to (time-of-use) TOU rates, which does not entail an econometric estimation of TOU...

In China, the energy pricing mechanism has an insufficient linkage with other energy prices. As a result of the unreasonable price level, it is impossible to exploit fully the substitution elasticity among energy resources and there is a negative impact on achieving energy conservation and...

The China's electricity consumption was 4966 TWh in 2012, which is the world top electricity consumer. The low carbon electricity is one of the key issues of its sustainable development. IRSP (integrated resource strategic planning) is a useful tool to implement DSM (demand side management) and...