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Screening demand-side management programs with a value-based test

Journal Article · · IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States)
DOI:https://doi.org/10.1109/59.207316· OSTI ID:7102339
;  [1]
  1. Dept. of Systems Engineering, Case Western Reserve Univ., Cleveland, OH (US)
In this paper a value-based test is presented for economic screening of electric utility demand-side management (DSM) programs. The widely used least cost test is valid only if the programs do not alter the amount or value of energy services provided to customers. But, in general, DSM programs have such effects and, as a result, the value consumers receive is changed. A more general economic efficiency test, the most value test, provides a practical method for considering the effects of DSM on customer value. The version presented here allows for multiple load periods and can account for rate impacts upon several customer classes. Four typical DSM programs are evaluated as illustrations.
OSTI ID:
7102339
Journal Information:
IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States), Journal Name: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (United States) Vol. 7:3; ISSN ITPSE; ISSN 0885-8950
Country of Publication:
United States
Language:
English

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