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Demand response (DR) is one of the major stakeholders in the smart grid and has been used as an energy reconciler between supply and demand. After a literature overview, the importance of the paper is enhanced by having a theoretical and behavioral-based analysis of DR in power systems. In this work, the potential factors that influence more DR among customers and the residential market as a whole have been discussed. The customers’ elastic demand approach can pave the way for adapting a responsive demand mechanism that ensures the system reliability and cost effective measures. Alternatively, this approach can make the program more effective and supportive in serving the social welfare as whole.
Muhammad Hussain. 2018. \u201cFostering Residential Demand Response through Developing Proactive and Elastic Demand Approaches. An Overview DR\u201d. Global Journal of Research in Engineering - F: Electrical & Electronic GJRE-F Volume 18 (GJRE Volume 18 Issue F5): .
Crossref Journal DOI 10.17406/gjre
Print ISSN 0975-5861
e-ISSN 2249-4596
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Total Score: 133
Country: China
Subject: Global Journal of Research in Engineering - F: Electrical & Electronic
Authors: Muhammad Hussain, Yan Gao, Zhihong Xua (PhD/Dr. count: 0)
View Count (all-time): 184
Total Views (Real + Logic): 3077
Total Downloads (simulated): 1564
Publish Date: 2018 12, Tue
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Demand response (DR) is one of the major stakeholders in the smart grid and has been used as an energy reconciler between supply and demand. After a literature overview, the importance of the paper is enhanced by having a theoretical and behavioral-based analysis of DR in power systems. In this work, the potential factors that influence more DR among customers and the residential market as a whole have been discussed. The customers’ elastic demand approach can pave the way for adapting a responsive demand mechanism that ensures the system reliability and cost effective measures. Alternatively, this approach can make the program more effective and supportive in serving the social welfare as whole.
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