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Demand response potential: An economic analysis for MIBEL and EEX

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  • Sousa, Joana
  • Soares, Isabel

Abstract

Day-ahead electricity markets were established based on the premise that short run price elasticity of demand is small, due to electricity importance, convenience and low cost. If demand respond to price signals through curtailing or shifting loads, spot prices are expected to decrease due to a more efficient market operation.

Suggested Citation

  • Sousa, Joana & Soares, Isabel, 2022. "Demand response potential: An economic analysis for MIBEL and EEX," Energy, Elsevier, vol. 244(PA).
    • Handle: RePEc:eee:energy:v:244:y:2022:i:pa:s0360544221028735
    DOI: 10.1016/j.energy.2021.122624
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    References listed on IDEAS

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    Cited by:

    1. Shi, Renwei & Jiao, Zaibin, 2023. "Individual household demand response potential evaluation and identification based on machine learning algorithms," Energy, Elsevier, vol. 266(C).
    2. Sousa, Joana & Soares, Isabel, 2023. "Benefits and barriers concerning demand response stakeholder value chain: A systematic literature review," Energy, Elsevier, vol. 280(C).

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