A Survey on Demand Response Programs in Smart Grids: Pricing Methods and Optimization Algorithms

Abstract

The smart grid concept continues to evolve and various methods have been developed to enhance the energy efficiency of the electricity infrastructure. Demand Response (DR) is considered as the most cost-effective and reliable solution for the smoothing of the demand curve, when the system is under stress. DR refers to a procedure that is applied to motivate… (More)
DOI: 10.1109/COMST.2014.2341586

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