Electrical engineering, Power resources, Economics
Description
Reducing the difference between on peak and off peak demand has long been recognized by utilities as an effective way of cutting the cost of producing electricity. Moreover, having prior knowledge about dynamic electricity rates gives the consumer...
In recent years, massive numbers of distributed energy resources are being installed in distribution feeders at both the utility and customer levels. These integrations are creating bi-directional power ow complexities in all the existing applicat...
Demand response is a reduction in electricity consumption designed to prevent system emergencies stemming from demand spikes during peak periods. While demand response has been embraced as a cheaper alternative than adding peaking generation, the ...
