The smart grid is conceived of as an electric grid that can deliver electricity in a controlled,
smart way from points of generation to active consumers. Demand response (DR), by …

With the advent of restructuring in the electricity markets, the Supply-side quickly adapted to
the new environment, whereas, the story in the demand side has been different. Demand …

When we leave our closet, and engage in the common affairs of life,(reason's) conclusions
seem to vanish, like the phantoms of the night on the appearance of the morning; and'tis …

Wind and solar power generation have been rapidly increasing on a global scale; this
increase is limited by the capacities of the existing grids at maintaining balance between …

(57) ABSTRACT A system for electric grid utilization and optimization, com prising a
communications interface executing on a network connected server and adapted to receive …

In his best-selling Irrational Exuberance, Robert Shiller cautioned that society's obsession
with the stock market was fueling the volatility that has since made a roller coaster of the …

The principal findings of experimental economics are that impersonal exchange in markets
converges in repeated interaction to the equilibrium states implied by economic theory …

It is widely agreed that an increased participation of the demand side in the electricity
markets would produce benefits not only for the individual consumers but also for the market …

In this paper, the hourly demand response (DR) is incorporated into security-constrained
unit commitment (SCUC) for economic and security purposes. SCUC considers fixed and …

This paper deals with how demand response can contribute to the better integration of
renewable energy resources such as wind power, solar, small hydro, biomass and CHP. In …