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A review on Demand-side tools in electricity market

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  • Sharifi, R.
  • Fathi, S.H.
  • Vahidinasab, V.

Abstract

With the advent of restructuring in the electricity markets, the Supply-side quickly adapted to the new environment, whereas, the story in the demand side has been different. Demand side dealt with the electric energy as a commodity available to the necessary extent. This caused the Supply-side to realize that the demand side would admit to purchase electric energy at any price, and this resulted in the advent of bidding strategies in the Supply-Side, known as “hockey-stick bidding”. The most important result was transfer of the demand side assets to the Supply-side. After a while, the demand side noticed the self-sloppy condition, therefore looked for tools to deal with these threats. This subject is examined in this paper.

Suggested Citation

  • Sharifi, R. & Fathi, S.H. & Vahidinasab, V., 2017. "A review on Demand-side tools in electricity market," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 565-572.
    • Handle: RePEc:eee:rensus:v:72:y:2017:i:c:p:565-572
    DOI: 10.1016/j.rser.2017.01.020
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