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Title: Price-responsive demand management for a smart grid world

Abstract

Price-responsive demand is essential for the success of a smart grid. However, existing demand-response programs run the risk of causing inefficient price formation. This problem can be solved if each retail customer could establish a contract-based baseline through demand subscription before joining a demand-response program. (author)

Authors:
Publication Date:
OSTI Identifier:
21285686
Resource Type:
Journal Article
Journal Name:
Electricity Journal
Additional Journal Information:
Journal Volume: 23; Journal Issue: 1; Other Information: Elsevier Ltd. All rights reserved; Journal ID: ISSN 1040-6190
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; DEMAND; PRICES; JOINING; LOAD MANAGEMENT; CONTRACTS; POWER SYSTEMS

Citation Formats

Chao, Hung-po. Price-responsive demand management for a smart grid world. United States: N. p., 2010. Web. doi:10.1016/J.TEJ.2009.12.007.
Chao, Hung-po. Price-responsive demand management for a smart grid world. United States. https://doi.org/10.1016/J.TEJ.2009.12.007
Chao, Hung-po. 2010. "Price-responsive demand management for a smart grid world". United States. https://doi.org/10.1016/J.TEJ.2009.12.007.
@article{osti_21285686,
title = {Price-responsive demand management for a smart grid world},
author = {Chao, Hung-po},
abstractNote = {Price-responsive demand is essential for the success of a smart grid. However, existing demand-response programs run the risk of causing inefficient price formation. This problem can be solved if each retail customer could establish a contract-based baseline through demand subscription before joining a demand-response program. (author)},
doi = {10.1016/J.TEJ.2009.12.007},
url = {https://www.osti.gov/biblio/21285686}, journal = {Electricity Journal},
issn = {1040-6190},
number = 1,
volume = 23,
place = {United States},
year = {Fri Jan 15 00:00:00 EST 2010},
month = {Fri Jan 15 00:00:00 EST 2010}
}