Financial Opportunities by Implementing Renewable Sources and Storage Devices for Households Under ERCOT Demand Response Programs Design

@article{Liu2013FinancialOB,
  title={Financial Opportunities by Implementing Renewable Sources and Storage Devices for Households Under ERCOT Demand Response Programs Design},
  author={Meng Liu and Wei-Jen Lee and Lyndon K. Lee},
  journal={2013 IEEE Industry Applications Society Annual Meeting},
  year={2013},
  pages={1-7}
}
The Electric Reliability Council of Texas (ERCOT) launched a nodal market in December 2010, aiming at benefiting customers who are willing to curtail or shift their loads to help improve system reliability. Demand response (DR) programs may stimulate users to change their electricity consumption patterns based on electricity prices and incentives. Senate Bill 1125 allows residential and commercial class customers to participate in DR programs alongside industrial customers while reliability… CONTINUE READING