A long-standing issue with centrally committed electricity markets is the design of non-confiscatory and equilibrium-supporting prices. This is because the social planner's problem in such a market is a non-convex unit commitment. O'Neill et al. (2005) propose a pricing scheme that overcomes...

Large industrial energy consumers served at transmission voltage in the ERCOT market reduce their consumption up to 4% during intervals in which consumers are charged for transmission services. The response normally lasts two to three hours, since consumers do not know exactly which interval...

Nowadays, the European electricity systems are evolving towards a generation mix that is more decentralised, less predictable and less flexible to operate. In this context, additional flexibility is expected to be provided by the demand side. Thus, how to engage consumers to participate in...

Many utilities are obligated by state regulatory or legislative requirements to consider demand response (DR) as part of their resource planning process. There are several ways to incorporate DR into resource planning modeling and each has its advantages and disadvantages. We explore the current...

We examine the demand impact of a smart meter pilot conducted by Connexus Energy from 2008 until 2010. We focus on the amount of peak time energy use reduction, either through forgone usage or load shifting to off-peak times, as a result of enabling technologies in the form of in-home displays...

Present trends in the development of electricity systems are expected to generate a growing need for flexibility in decentralised resources, including demand response. In order to enable decentralised actors to create value, the organisation of markets and incentives should incorporate these new...