Download or read book Demand Response in U S Electricity Markets written by and published by . This book was released on 2009 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical evidence concerning demand response (DR) resources is needed in order to establish baseline conditions, develop standardized methods to assess DR availability and performance, and to build confidence among policymakers, utilities, system operators, and stakeholders that DR resources do offer a viable, cost-effective alternative to supply-side investments. This paper summarizes the existing contribution of DR resources in U.S. electric power markets. In 2008, customers enrolled in existing wholesale and retail DR programs were capable of providing ~;;38,000 MW of potential peak load reductions in the United States. Participants in organized wholesale market DR programs, though, have historically overestimated their likely performance during declared curtailments events, but appear to be getting better as they and their agents gain experience. In places with less developed organized wholesale market DR programs, utilities are learning how to create more flexible DR resources by adapting legacy load management programs to fit into existing wholesale market constructs. Overall, the development of open and organized wholesale markets coupled with direct policy support by the Federal Energy Regulatory Commission has facilitated new entry by curtailment service providers, which has likely expanded the demand response industry and led to product and service innovation.

Download or read book Electricity Markets written by United States. Government Accountability Office and published by . This book was released on 2004 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Demand Response in the United States written by Carina Reilly and published by Nova Science Pub Incorporated. This book was released on 2014-01-01 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2004, the federal government has made efforts to facilitate demand-response activities, including expanding their use in wholesale electricity markets. Among these efforts, the Federal Energy Regulatory Commission (FERC) issued regulatory orders affecting Regional Transmission Organizations (RTO)entities that operate the transmission system and administer wholesale markets in some parts of the country. For example, FERC issued orders approving RTO rules for quantifying the extent of demand-response activities and compensating consumers for their demand-response activities. This book provides an update since 2004 and discusses federal efforts to facilitate demand-response activities; FERC efforts to collect and report data on demand response activities; changes in the extent of demand-response activities; key benefits and challenges of current efforts.

Download or read book Electricity Markets written by Dan Haas and published by DIANE Publishing. This book was released on 2005 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficient & reliable functioning of the more than $200 billion electric industry is vital to all Americans. As demonstrated in the 2003 blackout in the Northeast & the 2001 energy crisis in the West, changes in the cost & availability of electricity can have significant impacts on consumers & the national economy. The Fed. Energy Reg'y. Comm. supports using demand-response programs as part of its effort to develop & oversee competitive electricity markets. This report identifies: (1) the types of demand-response programs currently in use; (2) the benefits of these programs; (3) the barriers to their intro. & expansion; & (4) instances where barriers have been overcome. Also examined the fed. govt.'s participation in these programs through the GSA.

Download or read book Demand Response written by Joshua O'Neill and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most electricity customers see electricity rates that are based on average electricity costs and bear little relation to the true production costs of electricity as they vary over time. Demand response is a tariff or program established to motivate changes in electric use by end-use customers in response to changes in the price of electricity over time, or to give incentive payments designed to induce lower electricity use at times of high market prices or when grid reliability is jeopardised. Price-based demand response such as real-time pricing (RTP), critical-peak pricing (CPP) and time-of-use (TOU) tariffs, give customers time-varying rates that reflect the value and cost of electricity in different time periods. Armed with this information, customers tend to use less electricity at times when electricity prices are high. Incentive-based demand response programs pay participating customers to reduce their loads at times requested by the program sponsor, triggered either by a grid reliability problem or high electricity prices. Limited demand response capability exists in the U.S. today. Total demand response and load management capability has fallen by about one-third since 1996 due to diminished utility support and investment. States should consider aggressive implementation of price-based demand response for retail customers as a high priority. This book examines the electricity market benefits and energy efficiency co-ordination corresponding to demand response service.

Download or read book The Power to Choose written by International Energy Agency and published by International Energy Agency. This book was released on 2003 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: On cover and title page: Energy market reform.

Download or read book Demand Response written by Joshua O'Neill and published by . This book was released on 2014-05-14 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most electricity customers see electricity rates that are based on average electricity costs and bear little relation to the true production costs of electricity as they vary over time. Demand response is a tariff or program established to motivate changes in electric use by end-use customers in response to changes in the price of electricity over time, or to give incentive payments designed to induce lower electricity use at times of high market prices or when grid reliability is jeopardized. Price-based demand response such as real-time pricing (RTP), critical-peak pricing (CPP) and time-of-

Download or read book Electricity Markets written by Sayyad Nojavan and published by Springer Nature. This book was released on 2020-03-10 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.

Download or read book Local Electricity Markets written by Tiago Pinto and published by Academic Press. This book was released on 2021-07-03 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. - Delineates key components shaping the design and implementation of local electricity market structure - Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion - Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors - Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities - Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under implementation

Download or read book Integrating Renewables in Electricity Markets written by Juan M. Morales and published by Springer Science & Business Media. This book was released on 2013-12-03 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.

Download or read book Renewable Energy Integration written by Lawrence E. Jones and published by Academic Press. This book was released on 2014-06-12 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable Energy Integration is a ground-breaking new resource - the first to offer a distilled examination of the intricacies of integrating renewables into the power grid and electricity markets. It offers informed perspectives from internationally renowned experts on the challenges to be met and solutions based on demonstrated best practices developed by operators around the world. The book's focus on practical implementation of strategies provides real-world context for theoretical underpinnings and the development of supporting policy frameworks. The book considers a myriad of wind, solar, wave and tidal integration issues, thus ensuring that grid operators with low or high penetration of renewable generation can leverage the victories achieved by their peers. Renewable Energy Integration highlights, carefully explains, and illustrates the benefits of advanced technologies and systems for coping with variability, uncertainty, and flexibility. - Lays out the key issues around the integration of renewables into power grids and markets, from the intricacies of operational and planning considerations, to supporting regulatory and policy frameworks - Provides global case studies that highlight the challenges of renewables integration and present field-tested solutions - Illustrates enabling and disruptive technologies to support the management of variability, uncertainty and flexibility

Download or read book Configuring Load as a Resource for Competitive Electricity Markets Review of Demand Response Programs in the U S and Around the World written by and published by . This book was released on 2002 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: The restructuring of regional and national electricity markets in the U.S. and around the world has been accompanied by numerous problems, including generation capacity shortages, transmission congestion, wholesale price volatility, and reduced system reliability. These problems have created new opportunities for technologies and business approaches that allow load serving entities and other aggregators to control and manage the load patterns of wholesale and retail end-users they serve. Demand Response Programs, once called Load Management, have re-emerged as an important element in the fine-tuning of newly restructured electricity markets. During the summers of 1999 and 2001 they played a vital role in stabilizing wholesale markets and providing a hedge against generation shortfalls throughout the U.S.A. Demand Response Programs include ''traditional'' capacity reservation and interruptible/curtailable rates programs as well as voluntary demand bidding programs offered by either Load Serving Entities (LSEs) or regional Independent System Operators (ISOs). The Lawrence Berkeley National Lab (LBNL) has been monitoring the development of new types of Demand Response Programs both in the U.S. and around the world. This paper provides a survey and overview of the technologies and program designs that make up these emerging and important new programs.

Download or read book Federal Energy Regulatory Commission Reports written by United States. Federal Energy Regulatory Commission and published by . This book was released on 1997 with total page 2200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Markets written by Sayyad Nojavan and published by Springer. This book was released on 2021-03-11 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.

Download or read book Electricity Pricing in Transition written by Ahmad Faruqui and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.

Download or read book Peak Energy Demand and Demand Side Response written by Jacopo Torriti and published by Routledge. This book was released on 2015-07-16 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: With different intensities, depending on the season, every morning and evening of any weekday there are the same peaks in electricity demand. Peaks can bring about significantly negative environmental and economic impacts. Demand Side Response is a relatively recent solution in Europe which has the potential to reduce peak demand and ease impending capacity shortages. Peak Energy Demand and Demand Side Response presents evidence on a set of Demand Side Response activities, ranging from price-based to incentive-based programmes and policies. Examples are drawn from different programmes for both residential and non-residential sectors of electricity demand, including Time of Use tariffs, Critical Peak Pricing Automated Demand Controllers and Ancillary Services. The book also looks at the actual energy saving impacts of smart meters, the activities which constitute peak demand and the potential opportunities associated with European smart grids and Capacity Markets. This is the first book presenting comprehensive analysis of the impacts, cost benefits and risks associated with Demand Side Response programmes and policies. It should be of interest to students, scholars and policy-makers in the areas of energy, environmental economics and applied economics.

Download or read book Variable Generation Flexible Demand written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2020-11-15 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Variable Generation, Flexible Demand looks at a future in which power system researchers, operators and analysts need to predict variable renewable generation and schedule demand to match it. Contributors survey the significant expansion in the role of flexible demand in balancing supply and demand in conjunction with flexible generation in ‘peaking plants’ and energy storage as the proportion of variable renewable generation rises in many systems across the world. Supported with case studies, the book examines practical ways that demand flexibility can play a constructive role as more systems move towards higher levels of renewable generation in their electricity mix. Examines practical ways that demand flexibility can play a constructive role in future energy systems Reviews the vital role of market design, business models, enabling technologies, policies and regulation in implementation of flexible demand Includes detailed case studies that address the role of flexible demand across transitioning power markets