The Competitive Model Based on the Demand Response in the Off-Peak Period for the Taipower System

Effect assessment of demand response on nodal prices by types of classes

“…Another management tool is price-economic dynamics which has the ability to simplify the improved efficiency of electricity markets. [8] Has proposed a methodology for quantifying the benefits to customers and utilities of dynamic pricing programs (pricing that change in line with patterns of demand). Another important aspect is the handling of priceeconomic dynamics which is receiving great attention in the industry today because it has the power to simplify the improved efficiency of electricity markets.…”

“…DEMAND RESPONSE DR can be defined as changes in electric demand by enduse customers from their normal consumption patterns in response to changes in the price of electricity over time, or incentive payments designed to induce lower demand at times of high wholesale market prices or when system reliability may be compromised [8]. DR is usually similar to dynamic demand mechanisms to manage customer demand of electricity in response to supply conditions; the mechanism of DR applies to explicit programs depending on the period of time (peak or off-peak).…”