Demand response participation in wholesale energy markets

IEEE Power and Energy Society General Meeting

Volumn , Issue , 2012, Pages

  Parvania, Masood ^a   Fotuhi Firuzabad, Mahmud ^a   Shahidehpour, Mohammad ^b  

^a SHARIF UNIVERSITY OF TECHNOLOGY   (Iran)

^b ILLINOIS INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

demand response; electricity market design; energy market; load reduction

Indexed keywords

DEMAND RESPONSE; ELECTRICITY MARKET; ELECTRICITY MARKET DESIGN; ENERGY MARKETS; LOAD REDUCTION; MARKET CLEARING; PANEL SESSION; PROGRAM DESIGN; SMART GRID; WHOLESALE ENERGY MARKET;

ENERGY MANAGEMENT; ENERGY RESOURCES;

COMMERCE;

EID: 84870594719     PISSN: 19449925     EISSN: 19449933     Source Type: Conference Proceeding    
DOI: 10.1109/PESGM.2012.6344591     Document Type: Conference Paper

References (10)

1. Benefits of demand response in electricity markets and recommendations for achieving them, U.S. Department of Energy, 2006.
2. R. N. Boisvert, P. A. Cappers and B. Neenan, "The benefits of customer participation in wholesale electricity markets," Electricity Journal, vol. 15, no. 3, pp. 41-51, April 2002.
3. H. J. Wellinghoff, D. L. Morenoff, "Recognizing the importance of demand response: the second half of the wholesale electric market equation," Energy Law Journal, vol. 28, no. 2, pp. 389-419, 2007.
4. Federal Energy Regulatory Commission, Assessment of demand response and advanced metering, [Online]. Available: http://www.ferc.gov/.
5. Federal Energy Regulatory Commission, Wholesale competition in regions with organized electric markets, FERC Order No. 719, [Online]. Available: http://www.ferc.gov/.
6. F. Rahimi, A. Ipakchi, "Demand response as a market resource under the smart grid paradigm," IEEE Trans. Smart Grid, vol. 1, no. 1, pp. 82-88, June 2010.
7. 2009 Long-Term Reliability Assessment, North American Electric Reliability Corporation (NERC), [Online]. Available: http://www.nerc.com/.
8. A. Faruqui, S. S. George, "The value of dynamic pricing in mass markets," Electricity Journal, vol. 15, no. 6, pp. 45-55, July 2002.
9. M. Parvania, M. Fotuhi-Firuzabad, "Demand response scheduling by stochastic SCUC," IEEE Trans. Smart Grid, vol. 1, no. 1, pp. 89-98, June 2010.
10. M. Parvania, M. Fotuhi-Firuzabad, "Integrating Load Reduction into Wholesale Energy Market with Application to Wind Power Integration," IEEE Systems Journal, Special Issue on Integration of Intermittent Renewable Energy Resources into Power Grid, accepted, 2011.