Real-time residential demand response management

Zhi Chen; Lei Wu

doi:10.1201/b19664

Real-time residential demand response management

Zhi Chen
, Lei Wu

Department of Electrical and Computer Engineering

Arkansas Technical University

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

1 Scopus citations

Abstract

In a smart grid, demand response (DR) is provided by the demand side that allows end users to adjust their electricity consumption during a given time horizon or to shift the consumption to other time periods, in response to a price signal or other incentives. DR brings economic benefits to consumers by lowering peak hour electricity consumption with high electricity prices. This will cut down locational marginal 194prices (LMPs) and, in turn, retail rates. DR may also prevent cascaded blackouts by offsetting the requirement for more generation and transmission assets.

Original language	English
Title of host publication	Smart Grid
Subtitle of host publication	Networking, Data Management, and Business Models
Pages	193-222
Number of pages	30
ISBN (Electronic)	9781498719711
DOIs	https://doi.org/10.1201/b19664
State	Published - 1 Jan 2017

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

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10.1201/b19664

Cite this

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Real-time residential demand response management

Abstract

UN SDGs

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