A summary of demand response in electricity markets

M. H. Albadi, E. F. El-Saadany

Research output: Contribution to journalReview articlepeer-review

1615 Scopus citations

Abstract

This paper presents a summary of Demand Response (DR) in deregulated electricity markets. The definition and the classification of DR as well as potential benefits and associated cost components are presented. In addition, the most common indices used for DR measurement and evaluation are highlighted, and some utilities' experiences with different demand response programs are discussed. Finally, the effect of demand response in electricity prices is highlighted using a simulated case study.

Original languageBritish English
Pages (from-to)1989-1996
Number of pages8
JournalElectric Power Systems Research
Volume78
Issue number11
DOIs
StatePublished - Nov 2008

Keywords

  • Demand response
  • Electricity markets
  • Price elasticity
  • Real time pricing

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