George A. Thanos

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Demand response (DR) has received significant attention in recent years and several DR programs are being deployed and evaluated worldwide. DR systems provide a wide range of economic and operational benefits to different stakeholders of the electrical power system including consumers, generators and distributors. DR can be achieved through a number of(More)
Peak demand is a major challenge for power utilities across the world. Demand Response (DR) is considered to be effective in addressing peak demand by altering consumption of end consumers, so as to match supply capability. However, an efficient DR system needs to respect end consumer convenience and understand their propensity of participating in a(More)
Driven by the increasing demand, grid technology is entering the business market in form of utility computing, grid middleware and grid-enabled application. However, the business market is interested in complete grid solutions. This means that for a successful take up of grid technology on the business market the establishment of grid value networks is(More)
Grid technology offers numerous opportunities for the players involved. Despite the fact that the academic community has already exploited many of them, there is an evident reluctance from the business community to act likewise. Recent analysis reveals that the problem lies in overcoming certain business barriers rather than technological ones. At this(More)
Grid middleware provides the fundamental framework for the provision of Grid services. However, Grid middleware is complex software that consists of several modules. The modules for a specific grid middleware exhibit in many cases complementary features and are produced by different software providers. Thus, in order to provide a complete grid solution for(More)
A business model (BM) establishes a framework for the transformation of economic inputs (e.g. resources and technological knowhow) into economic outputs (e.g. goods and services) required by customers in a market (Chesbrough and Rosenbloom 2002). In simpler terms, a business model describes the way the business expects to make money by interacting with(More)
— Demand Response (DR) programs encourage consumers to adjust their power consumption in response to DR events such as changes in electricity prices or sudden peaks in demand. While significant savings can be thus achieved, the real success of DR programs depends on the incentive compatible participation of consumers and their timely response to DR signals.(More)
In order to foster the commercialisation of grid technology, several theoretical models and frameworks that guide potential sellers of grid solutions have been developed. This paper presents the results of a cross-case analysis of 25 business experiments aiming at the commercialization of grid technology. Barriers occurring when actually commercializing(More)
Even though the new and advanced technologies can provide benefits for business their wide adoption in industrial settings requires always clear evidences how, and under which conditions these technological advantages can be turn into business benefits. The economic, business and legal factors should not be underestimated but rather examined in detail(More)
— Demand Response (DR) programs encourage consumers to adjust their power consumption in response to DR events such as changes in electricity prices or sudden peaks in demand. While significant savings can be thus achieved, the real success of DR programs depends on the incentive compatible participation of consumers and their timely response to DR signals.(More)