A review on Demand-side tools in electricity market

R. Sharifi, S.H. Fathi and V. Vahidinasab

Renewable and Sustainable Energy Reviews, 2017, vol. 72, issue C, 565-572

Abstract: 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 side dealt with the electric energy as a commodity available to the necessary extent. This caused the Supply-side to realize that the demand side would admit to purchase electric energy at any price, and this resulted in the advent of bidding strategies in the Supply-Side, known as “hockey-stick bidding”. The most important result was transfer of the demand side assets to the Supply-side. After a while, the demand side noticed the self-sloppy condition, therefore looked for tools to deal with these threats. This subject is examined in this paper.

Keywords: Demand side; Supply-side; Demand side management (DSM); Bidding strategy; Purchase allocation (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (20)

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DOI: 10.1016/j.rser.2017.01.020

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