• DocumentCode
    1639572
  • Title

    Challenges and opportunities to bring prices to devices

  • Author

    Navid, Nivad

  • Author_Institution
    Market Dev. & Anal. Dept., Midwest ISO, Carmel, IN, USA
  • fYear
    2012
  • Firstpage
    1
  • Lastpage
    2
  • Abstract
    The current trends encourage the expansion of demand response in power system operation. Although operational strategies for various demand response classes (industrial, commercial and residential) are different, a set of common opportunities and challenges face the integration of demand response resources into energy market and operating reserve mechanisms.
  • Keywords
    power markets; power system economics; demand response; energy market; operating reserve mechanisms; power system operation; Business; Educational institutions; ISO; Load management; Real time systems; Reliability; Security;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Innovative Smart Grid Technologies (ISGT), 2012 IEEE PES
  • Conference_Location
    Washington, DC
  • Print_ISBN
    978-1-4577-2158-8
  • Type

    conf

  • DOI
    10.1109/ISGT.2012.6175561
  • Filename
    6175561