Analytical Assessment for System Peak Reduction by Demand Responsive Resources Considering Their Operational Constraints in Wholesale Electricity Market

It has been four years since the introduction of the Demand Response (DR) market in Korea. Although the DR market has been steadily increasing resource capacity and payments for demand resources, it cannot efficiently utilize DR resources under the current domestic policy system. In addition, resear...

Full description

Bibliographic Details
Main Authors: Seungmi Lee, Jinho Kim
Format: Article
Language:English
Published: MDPI AG 2018-11-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/11/12/3343