A Two-Step Methodology for Free Rider Mitigation with an Improved Settlement Algorithm: Regression in CBL Estimation and New Incentive Payment Rule in Residential Demand Response
Recent demand response (DR) research efforts have focused on reducing the peak demand, and thereby electricity prices. Load reductions from DR programs can be viewed as equivalent electricity generation by conventional means. Thus, utility companies must pay incentives to customers who reduce their...
Main Authors: | Eunjung Lee, Dongsik Jang, Jinho Kim |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2018-12-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/11/12/3417 |
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