Search

Excessive enthusiasm for DR is driven largely by the illusion that increasing DR creates large benefits for consumers in the form of lower prices and the confusion created by referring to DR as a “resource” that should be treated just like supply resources in some undefined sense. DR should be implemented using standard market concepts and processes. [Copyright &y& Elsevier]

Describes the significant flowgates with fixed capacities and fixed power distribution factors affecting flow-based electricity. Settlement of residual congestion prices and imbalances; Loss of network element; Process of contingency-constrained dispatch.

Discusses the one size of market model in electricity in the United States which creates effective and efficient competition for the benefit of consumers. Market principles applied to electricity; Alternatives for contracting and real-time trading; Most common problems in electricity.

Focuses on the report `New Electricity Trading Arrangements' (NETA), proposed by the Office of Gas and Electricity Markets (OFGEM) of Great Britain toward efficient and effective competition in electricity in England and Wales. How prices in a decentralized electricity market are determined; Benefits of NETA; Conclusions.