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Evolution and current status of demand response (DR) in electricity markets: Insights from PJM and NYISO

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  1. Najafi, M. & Ehsan, M. & Fotuhi-Firuzabad, M. & Akhavein, A. & Afshar, K., 2010. "Optimal reserve capacity allocation with consideration of customer reliability requirements," Energy, Elsevier, vol. 35(9), pages 3883-3890.
  2. Li, Lanlan & Gong, Chengzhu & Wang, Deyun & Zhu, Kejun, 2013. "Multi-agent simulation of the time-of-use pricing policy in an urban natural gas pipeline network: A case study of Zhengzhou," Energy, Elsevier, vol. 52(C), pages 37-43.
  3. Partovi, Farzad & Nikzad, Mehdi & Mozafari, Babak & Ranjbar, Ali Mohamad, 2011. "A stochastic security approach to energy and spinning reserve scheduling considering demand response program," Energy, Elsevier, vol. 36(5), pages 3130-3137.
  4. Schuelke-Leech, Beth-Anne & Barry, Betsy & Muratori, Matteo & Yurkovich, B.J., 2015. "Big Data issues and opportunities for electric utilities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 937-947.
  5. Alcázar-Ortega, Manuel & Álvarez-Bel, Carlos & Domijan, Alexander & Escrivá-Escrivá, Guillermo, 2012. "Economic and environmental evaluation of customers' flexibility participating in operation markets: Application to the meat industry," Energy, Elsevier, vol. 41(1), pages 368-379.
  6. Oseni, Musiliu O. & Pollitt, Michael G., 2016. "The promotion of regional integration of electricity markets: Lessons for developing countries," Energy Policy, Elsevier, vol. 88(C), pages 628-638.
  7. Alasseri, Rajeev & Tripathi, Ashish & Joji Rao, T. & Sreekanth, K.J., 2017. "A review on implementation strategies for demand side management (DSM) in Kuwait through incentive-based demand response programs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 617-635.
  8. Shariatzadeh, Farshid & Mandal, Paras & Srivastava, Anurag K., 2015. "Demand response for sustainable energy systems: A review, application and implementation strategy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 343-350.
  9. Märkle-Huß, Joscha & Feuerriegel, Stefan & Neumann, Dirk, 2018. "Large-scale demand response and its implications for spot prices, load and policies: Insights from the German-Austrian electricity market," Applied Energy, Elsevier, vol. 210(C), pages 1290-1298.
  10. Vinicius Braga Ferreira da Costa & Gabriel Nasser Doyle de Doile & Gustavo Troiano & Bruno Henriques Dias & Benedito Donizeti Bonatto & Tiago Soares & Walmir de Freitas Filho, 2022. "Electricity Markets in the Context of Distributed Energy Resources and Demand Response Programs: Main Developments and Challenges Based on a Systematic Literature Review," Energies, MDPI, vol. 15(20), pages 1-43, October.
  11. Zheng, Menglian & Meinrenken, Christoph J. & Lackner, Klaus S., 2014. "Agent-based model for electricity consumption and storage to evaluate economic viability of tariff arbitrage for residential sector demand response," Applied Energy, Elsevier, vol. 126(C), pages 297-306.
  12. Faria, P. & Vale, Z., 2011. "Demand response in electrical energy supply: An optimal real time pricing approach," Energy, Elsevier, vol. 36(8), pages 5374-5384.
  13. Nikzad, Mehdi & Mozafari, Babak & Bashirvand, Mahdi & Solaymani, Soodabeh & Ranjbar, Ali Mohamad, 2012. "Designing time-of-use program based on stochastic security constrained unit commitment considering reliability index," Energy, Elsevier, vol. 41(1), pages 541-548.
  14. Feuerriegel, Stefan & Neumann, Dirk, 2014. "Measuring the financial impact of demand response for electricity retailers," Energy Policy, Elsevier, vol. 65(C), pages 359-368.
  15. Torriti, Jacopo, 2012. "Price-based demand side management: Assessing the impacts of time-of-use tariffs on residential electricity demand and peak shifting in Northern Italy," Energy, Elsevier, vol. 44(1), pages 576-583.
  16. Zhang, Sufang & Jiao, Yiqian & Chen, Wenjun, 2017. "Demand-side management (DSM) in the context of China's on-going power sector reform," Energy Policy, Elsevier, vol. 100(C), pages 1-8.
  17. Behrang, M.A. & Assareh, E. & Ghalambaz, M. & Assari, M.R. & Noghrehabadi, A.R., 2011. "Forecasting future oil demand in Iran using GSA (Gravitational Search Algorithm)," Energy, Elsevier, vol. 36(9), pages 5649-5654.
  18. Muhammad Shahid Mastoi & Hafiz Mudassir Munir & Shenxian Zhuang & Mannan Hassan & Muhammad Usman & Ahmad Alahmadi & Basem Alamri, 2022. "A Comprehensive Analysis of the Power Demand–Supply Situation, Electricity Usage Patterns, and the Recent Development of Renewable Energy in China," Sustainability, MDPI, vol. 14(6), pages 1-34, March.
  19. Fotouhi Ghazvini, Mohammad Ali & Faria, Pedro & Ramos, Sergio & Morais, Hugo & Vale, Zita, 2015. "Incentive-based demand response programs designed by asset-light retail electricity providers for the day-ahead market," Energy, Elsevier, vol. 82(C), pages 786-799.
  20. Siler-Evans, Kyle & Morgan, M. Granger & Azevedo, Inês Lima, 2012. "Distributed cogeneration for commercial buildings: Can we make the economics work?," Energy Policy, Elsevier, vol. 42(C), pages 580-590.
  21. Cappers, Peter & MacDonald, Jason & Goldman, Charles & Ma, Ookie, 2013. "An assessment of market and policy barriers for demand response providing ancillary services in U.S. electricity markets," Energy Policy, Elsevier, vol. 62(C), pages 1031-1039.
  22. Blumsack, Seth & Fernandez, Alisha, 2012. "Ready or not, here comes the smart grid!," Energy, Elsevier, vol. 37(1), pages 61-68.
  23. Batista, N.C. & Melício, R. & Matias, J.C.O. & Catalão, J.P.S., 2013. "Photovoltaic and wind energy systems monitoring and building/home energy management using ZigBee devices within a smart grid," Energy, Elsevier, vol. 49(C), pages 306-315.
  24. Gilbert, François & Anjos, Miguel F. & Marcotte, Patrice & Savard, Gilles, 2015. "Optimal design of bilateral contracts for energy procurement," European Journal of Operational Research, Elsevier, vol. 246(2), pages 641-650.
  25. He, Yongxiu & Wang, Bing & Wang, Jianhui & Xiong, Wei & Xia, Tian, 2012. "Residential demand response behavior analysis based on Monte Carlo simulation: The case of Yinchuan in China," Energy, Elsevier, vol. 47(1), pages 230-236.
  26. Liu, Yingqi, 2017. "Demand response and energy efficiency in the capacity resource procurement: Case studies of forward capacity markets in ISO New England, PJM and Great Britain," Energy Policy, Elsevier, vol. 100(C), pages 271-282.
  27. Olmos, Luis & Ruester, Sophia & Liong, Siok-Jen & Glachant, Jean-Michel, 2011. "Energy efficiency actions related to the rollout of smart meters for small consumers, application to the Austrian system," Energy, Elsevier, vol. 36(7), pages 4396-4409.
  28. Oseni, Musiliu O. & Pollitt, Michael G., 2014. "Institutional arrangements for the promotion of regional integration of electricity markets : international experience," Policy Research Working Paper Series 6947, The World Bank.
  29. Jinghong Zhou & Ke Chen & Weidong Wang, 2023. "A Power Evolution Game Model and Its Application Contained in Virtual Power Plants," Energies, MDPI, vol. 16(11), pages 1-22, May.
  30. Abigail Morton & Yü Wang & Wendong Zhang, 2021. "Willingness to Participate in Demand Response in the US Midwest: A Market with Great Potential?," Center for Agricultural and Rural Development (CARD) Publications 21-pb31, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  31. Bradley, Peter & Coke, Alexia & Leach, Matthew, 2016. "Financial incentive approaches for reducing peak electricity demand, experience from pilot trials with a UK energy provider," Energy Policy, Elsevier, vol. 98(C), pages 108-120.
  32. Galo, Joaquim J.M. & Macedo, Maria N.Q. & Almeida, Luiz A.L. & Lima, Antonio C.C., 2014. "Criteria for smart grid deployment in Brazil by applying the Delphi method," Energy, Elsevier, vol. 70(C), pages 605-611.
  33. Kim, Jin-Ho & Shcherbakova, Anastasia, 2011. "Common failures of demand response," Energy, Elsevier, vol. 36(2), pages 873-880.
  34. Yan, Chengchu & Wang, Fengling & Pan, Yan & Shan, Kui & Kosonen, Risto, 2020. "A multi-timescale cold storage system within energy flexible buildings for power balance management of smart grids," Renewable Energy, Elsevier, vol. 161(C), pages 626-634.
  35. Hu, Bo & Zhou, P., 2022. "Can the renewable power consumption guarantee mechanism help activate China's power trading market?," Energy, Elsevier, vol. 253(C).
  36. Khan, Agha Salman M. & Verzijlbergh, Remco A. & Sakinci, Ozgur Can & De Vries, Laurens J., 2018. "How do demand response and electrical energy storage affect (the need for) a capacity market?," Applied Energy, Elsevier, vol. 214(C), pages 39-62.
  37. Xu Chen and Andrew N. Kleit, 2016. "Money for Nothing? Why FERC Order 745 Should have Died," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
  38. Leinauer, Christina & Schott, Paul & Fridgen, Gilbert & Keller, Robert & Ollig, Philipp & Weibelzahl, Martin, 2022. "Obstacles to demand response: Why industrial companies do not adapt their power consumption to volatile power generation," Energy Policy, Elsevier, vol. 165(C).
  39. Cortés-Arcos, Tomás & Bernal-Agustín, José L. & Dufo-López, Rodolfo & Lujano-Rojas, Juan M. & Contreras, Javier, 2017. "Multi-objective demand response to real-time prices (RTP) using a task scheduling methodology," Energy, Elsevier, vol. 138(C), pages 19-31.
  40. Ussama Assad & Muhammad Arshad Shehzad Hassan & Umar Farooq & Asif Kabir & Muhammad Zeeshan Khan & S. Sabahat H. Bukhari & Zain ul Abidin Jaffri & Judit Oláh & József Popp, 2022. "Smart Grid, Demand Response and Optimization: A Critical Review of Computational Methods," Energies, MDPI, vol. 15(6), pages 1-36, March.
  41. Yu, Xinran & Ergan, Semiha, 2022. "Estimating power demand shaving capacity of buildings on an urban scale using extracted demand response profiles through machine learning models," Applied Energy, Elsevier, vol. 310(C).
  42. Keon Baek & Woong Ko & Jinho Kim, 2019. "Optimal Scheduling of Distributed Energy Resources in Residential Building under the Demand Response Commitment Contract," Energies, MDPI, vol. 12(14), pages 1-19, July.
  43. Banshwar, Anuj & Sharma, Naveen Kumar & Sood, Yog Raj & Shrivastava, Rajnish, 2018. "An international experience of technical and economic aspects of ancillary services in deregulated power industry: Lessons for emerging BRIC electricity markets," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 774-801.
  44. Shafie-khah, M. & Heydarian-Forushani, E. & Golshan, M.E.H. & Siano, P. & Moghaddam, M.P. & Sheikh-El-Eslami, M.K. & Catalão, J.P.S., 2016. "Optimal trading of plug-in electric vehicle aggregation agents in a market environment for sustainability," Applied Energy, Elsevier, vol. 162(C), pages 601-612.
  45. Uddin, Moslem & Romlie, Mohd Fakhizan & Abdullah, Mohd Faris & Abd Halim, Syahirah & Abu Bakar, Ab Halim & Chia Kwang, Tan, 2018. "A review on peak load shaving strategies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 3323-3332.
  46. Wang, Yong & Li, Lin, 2013. "Time-of-use based electricity demand response for sustainable manufacturing systems," Energy, Elsevier, vol. 63(C), pages 233-244.
  47. David Ribó-Pérez & Luis Larrosa-López & David Pecondón-Tricas & Manuel Alcázar-Ortega, 2021. "A Critical Review of Demand Response Products as Resource for Ancillary Services: International Experience and Policy Recommendations," Energies, MDPI, vol. 14(4), pages 1-25, February.
  48. Jiang, Bo & Muzhikyan, Aramazd & Farid, Amro M. & Youcef-Toumi, Kamal, 2017. "Demand side management in power grid enterprise control: A comparison of industrial & social welfare approaches," Applied Energy, Elsevier, vol. 187(C), pages 833-846.
  49. Gołębiowska, Bernadeta & Bartczak, Anna & Budziński, Wiktor, 2021. "Impact of social comparison on preferences for Demand Side Management in Poland," Energy Policy, Elsevier, vol. 149(C).
  50. Hussein Jumma Jabir & Jiashen Teh & Dahaman Ishak & Hamza Abunima, 2018. "Impacts of Demand-Side Management on Electrical Power Systems: A Review," Energies, MDPI, vol. 11(5), pages 1-19, April.
  51. Sahraei-Ardakani, Mostafa & Blumsack, Seth & Kleit, Andrew, 2012. "Distributional impacts of state-level energy efficiency policies in regional electricity markets," Energy Policy, Elsevier, vol. 49(C), pages 365-372.
  52. Gong, Xuan & De Paola, Antonio & Angeli, David & Strbac, Goran, 2019. "A game-theoretic approach for price-based coordination of flexible devices operating in integrated energy-reserve markets," Energy, Elsevier, vol. 189(C).
  53. Gandhi, Oktoviano & Zhang, Wenjie & Kumar, Dhivya Sampath & Rodríguez-Gallegos, Carlos D. & Yagli, Gokhan Mert & Yang, Dazhi & Reindl, Thomas & Srinivasan, Dipti, 2024. "The value of solar forecasts and the cost of their errors: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PB).
  54. Derya Eryilmaz, Timothy M. Smith, and Frances R. Homans, 2017. "Price Responsiveness in Electricity Markets: Implications for Demand Response in the Midwest," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
  55. Jiang, Bo & Farid, Amro M. & Youcef-Toumi, Kamal, 2015. "Demand side management in a day-ahead wholesale market: A comparison of industrial & social welfare approaches," Applied Energy, Elsevier, vol. 156(C), pages 642-654.
  56. Carreiro, Andreia M. & Jorge, Humberto M. & Antunes, Carlos Henggeler, 2017. "Energy management systems aggregators: A literature survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 1160-1172.
  57. Jang, Dongsik & Eom, Jiyong & Jae Park, Min & Jeung Rho, Jae, 2016. "Variability of electricity load patterns and its effect on demand response: A critical peak pricing experiment on Korean commercial and industrial customers," Energy Policy, Elsevier, vol. 88(C), pages 11-26.
  58. Michael N. Vrahatis & Panagiotis Kontogiorgos & George P. Papavassilopoulos, 2020. "Particle Swarm Optimization for Computing Nash and Stackelberg Equilibria in Energy Markets," SN Operations Research Forum, Springer, vol. 1(3), pages 1-23, September.
  59. Li, Bosong & Shen, Jingshuang & Wang, Xu & Jiang, Chuanwen, 2016. "From controllable loads to generalized demand-side resources: A review on developments of demand-side resources," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 936-944.
  60. Wang, Yong & Li, Lin, 2015. "Time-of-use electricity pricing for industrial customers: A survey of U.S. utilities," Applied Energy, Elsevier, vol. 149(C), pages 89-103.
  61. Zixu Liu & Xiaojun Zeng & Fanlin Meng, 2018. "An Integration Mechanism between Demand and Supply Side Management of Electricity Markets," Energies, MDPI, vol. 11(12), pages 1-23, November.
  62. Peter Warren, 2018. "Demand-side policy: Global evidence base and implementation patterns," Energy & Environment, , vol. 29(5), pages 706-731, August.
  63. Seungmi Lee & Jinho Kim, 2018. "Analytical Assessment for System Peak Reduction by Demand Responsive Resources Considering Their Operational Constraints in Wholesale Electricity Market," Energies, MDPI, vol. 11(12), pages 1-15, November.
  64. Pedro Faria & João Spínola & Zita Vale, 2018. "Reschedule of Distributed Energy Resources by an Aggregator for Market Participation," Energies, MDPI, vol. 11(4), pages 1-15, March.
  65. Guo, Peiyang & Li, Victor O.K. & Lam, Jacqueline C.K., 2017. "Smart demand response in China: Challenges and drivers," Energy Policy, Elsevier, vol. 107(C), pages 1-10.
  66. Zhou, Kaile & Yang, Shanlin, 2015. "Demand side management in China: The context of China’s power industry reform," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 954-965.
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