Given a hybrid electricity market structure, demand response (DR) in wholesale electricity
markets depends critically on the choice of customer baseline. This paper reviews …

This paper discusses conceptual frameworks for actively involving highly distributed loads in
power system control actions. The context for load control is established by providing an …

What do phone rates, frequent flyer programs, and railroad tariffs all have in common? They
are all examples of nonlinear pricing. Pricing is nonlinear when it is not strictly proportional …

Priority service offers a menu of contingent contracts for distribution of scarce supplies.
Prices inducing customer's efficient self-selection are expectations of spot prices for …

Priority service rations available supplies according to contracts that specify each customer's
priority or rank order. This alternative market form can achieve most of the efficiency gains …

Facing growing technological and environmental challenges, the electricity industry needs
effective pricing mechanism to promote efficient risk management and investment decisions …

As electricity markets deregulate and energy tariffs increasingly expose customers to
commodity price volatility, it is difficult for energy consumers to assess the economic value of …

Abstract Purpose of Review Climate change has become a defining issue on a global scale.
With declining costs, renewables have expanded rapidly to become the preferred clean …

We consider a novel paradigm for demand side management, assuming that an aggregator
communicates with a household only at the meter, imposing a capacity constraint, ie, a …

As the proportion of total power supplied by renewable sources increases, it gets more
costly to use reserve generation to compensate for the variability of renewables, such as …