Demand response is becoming a promising field of study in operation and planning of restructured power systems. More attention has recently been paid to demand response programs. Customers can contribute to the operation of power systems...

In this paper a bi-level model is proposed for

participation of demand response aggregator in demand response

exchange market. The objective of aggregator, modeled through

upper level problem, is to maximize its profit...

the system operator and demand response providers. The proposed method is

implemented on an example and a realistic case study and discussions on results

are presented....

Abstract: In recent years, the Demand Response (DR) programs have been developed to improve power system operation. If DR programs are implemented successfully, the system operator will meet its goal of reducing the peak load, and the customers...

level of

reserves in their power systems. In this context, demand response

(DR) markets can be used as options for system operators to

procure their reserve requirements. The recently introduced DR

market is a separate market...