Browsing Institutt for industriell økonomi og teknologiledelse by Journals "IEEE Power & Energy Society General Meeting"
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Evaluating Optimal Cost-Effectiveness of Demand Response in Wholesale Markets
(Journal article; Peer reviewed, 2018)Economic demand response (DR) is intended to lower locational marginal prices (LMP) in wholesale energy markets during peak hours. DR resources are paid LMP and that cost is allocated to energy buyers. Market operators use ...