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Advisor(s)
Abstract(s)
Demand response is an energy resource that has
gained increasing importance in the context of competitive
electricity markets and of smart grids. New business models and
methods designed to integrate demand response in electricity
markets and of smart grids have been published, reporting the
need of additional work in this field. In order to adequately
remunerate the participation of the consumers in demand
response programs, improved consumers’ performance
evaluation methods are needed. The methodology proposed in
the present paper determines the characterization of the
baseline approach that better fits the consumer historic
consumption, in order to determine the expected consumption in
absent of participation in a demand response event and then
determine the actual consumption reduction. The defined
baseline can then be used to better determine the remuneration
of the consumer. The paper includes a case study with real data
to illustrate the application of the proposed methodology.
Description
Keywords
Customer baseline load Demand Response Performance evaluation methods