Title :
Challenges and opportunities to bring prices to devices
Author_Institution :
Market Dev. & Anal. Dept., Midwest ISO, Carmel, IN, USA
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;
Conference_Titel :
Innovative Smart Grid Technologies (ISGT), 2012 IEEE PES
Conference_Location :
Washington, DC
Print_ISBN :
978-1-4577-2158-8
DOI :
10.1109/ISGT.2012.6175561
