Journal ArticleDOI
Review of real-time electricity markets for integrating Distributed Energy Resources and Demand Response
TLDR
In this article, a review of typical typical RTMs in North America, Australia and Europe, focusing on their market architectures and incentive policies for integrating distributed energy resources (DER) and demand response (DR) in electricity markets is presented.About:
This article is published in Applied Energy.The article was published on 2015-01-15. It has received 304 citations till now. The article focuses on the topics: Market clearing & Demand response.read more
Citations
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Journal ArticleDOI
Blockchain technology in the chemical industry: Machine-to-machine electricity market
TL;DR: It is concluded that this technology has significant under-researched potential to support and enhance the efficiency gains of the revolution and identifies areas for future research.
Journal ArticleDOI
Lithium-Ion Battery Storage for the Grid—A Review of Stationary Battery Storage System Design Tailored for Applications in Modern Power Grids
TL;DR: In this article, the authors present a review of battery energy storage systems for serving grid support in various application tasks based on real-world projects and their characteristics with respect to performance and aging.
Journal ArticleDOI
An overview of Demand Response: Key-elements and international experience
Nikolaos G. Paterakis,Ozan Erdinc,Ozan Erdinc,Joao P. S. Catalao,Joao P. S. Catalao,Joao P. S. Catalao +5 more
TL;DR: In this article, a complete and up-to-date overview of demand response (DR) enabling technologies, programs and consumer response types is presented, as well as the benefits and the drivers that have motivated the adoption of DR programs and the barriers that may hinder their further development.
Journal ArticleDOI
Review and prospect of integrated demand response in the multi-energy system
TL;DR: The state-of-the-art ofIDR in the MESs is reviewed for the first time and the basic concept of IDR and the value analysis are introduced, and the research on IDR inThe MES is summarized.
Journal ArticleDOI
Prosumer based energy management and sharing in smart grid
TL;DR: In this article, a comprehensive review of prosumers based energy management and sharing (PEMS) in smart grid environment and associated impact on power system reliability and energy sustainability is presented, where various technologies, methodologies and mechanisms adopted for PEMS are comprehensively discussed in order to enhance readers' intuition.
References
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Journal ArticleDOI
Real-Time Demand Response Model
TL;DR: An optimization model to adjust the hourly load level of a given consumer in response to hourly electricity prices is described, which materializes into a simple linear programming algorithm that can be easily integrated in the Energy Management System of a household or a small business.
Book
Decision Making Under Uncertainty in Electricity Markets
L.A. Barroso,Antonio J. Conejo +1 more
TL;DR: In this paper, the authors consider stochastic programming models for decision-making under uncertainty in the context of electricity markets and provide a brief overview of modeling and solution techniques within a mathematical programming framework.
Posted Content
Decision Making Under Uncertainty in Electricity Markets
TL;DR: In this paper, the authors consider stochastic programming models for decision-making under uncertainty in the context of electricity markets and provide a brief overview of modeling and solution techniques within a mathematical programming framework.
Annual Energy Outlook 2008: With Projections to 2030
TL;DR: The U.S. Energy Information Administration (EIA) as discussed by the authors is a statistical and analytical agency within the United States Department of Energy that produces data, analyses, and forecasts independent of approval by any other officer or employee.
Proceedings ArticleDOI
Data analysis and robust modelling of the impact of renewable generation on long term security of supply and demand
TL;DR: In this paper, a robust joint time-dependent model of energy not served and continuous outage periods is proposed to model long-term reliability of demand and supply of electrical power given uncertain variability in the generation and availability of wind power and conventional generation.