UM
A review on price-driven residential demand response
Yan, Xing; Ozturk, Yusuf; Hu, Zechun; Song, Yonghua
2018-11
Source PublicationRENEWABLE & SUSTAINABLE ENERGY REVIEWS
ISSN1364-0321
Volume96Pages:411-419
AbstractSmart grid enables the two-way communication between the suppliers and consumers. Price-driven demand response (PDDR) is one of the important demand response categories that uses price of the energy as control signals to affect consumers' electricity consumption. The current PDDR programs include critical peak pricing (CPP), time-of-use (TOU) pricing, and real-time pricing. In this paper, we provide a review of the PDDR studies. Detailed evaluations on advantages and disadvantages of each PDDR are provided. Concerns and future research challenges on PDDR are also addressed. It is believed that with the installation of smart meter infrastructures at residential households, price signal can be an efficient market tool for peak demand shaving, risk and reliability management, carbon emission reduction, and energy cost reduction.
KeywordCritical peak pricing Demand response Real-time pricing Time-of-use pricing
DOI10.1016/j.rser.2018.08.003
URLView the original
Indexed BySCI ; SSCI
Language英语
WOS Research AreaScience & Technology - Other Topics ; Energy & Fuels
WOS SubjectGREEN & SUSTAINABLE SCIENCE & TECHNOLOGY ; Energy & Fuels
WOS IDWOS:000446310700031
PublisherPERGAMON-ELSEVIER SCIENCE LTD
The Source to ArticleWOS
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Citation statistics
Cited Times [WOS]:11   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionUniversity of Macau
Recommended Citation
GB/T 7714
Yan, Xing,Ozturk, Yusuf,Hu, Zechun,et al. A review on price-driven residential demand response[J]. RENEWABLE & SUSTAINABLE ENERGY REVIEWS,2018,96:411-419.
APA Yan, Xing,Ozturk, Yusuf,Hu, Zechun,&Song, Yonghua.(2018).A review on price-driven residential demand response.RENEWABLE & SUSTAINABLE ENERGY REVIEWS,96,411-419.
MLA Yan, Xing,et al."A review on price-driven residential demand response".RENEWABLE & SUSTAINABLE ENERGY REVIEWS 96(2018):411-419.
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