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

Journal Article · · Electricity Journal

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)

OSTI ID:
21285686
Journal Information:
Electricity Journal, Vol. 23, Issue 1; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
Country of Publication:
United States
Language:
English