Engineering Commons^™

Compensation Methods For Demand Response, Zhaofeng Wang

Theses and Dissertations--Electrical and Computer Engineering

Recently, more and more disputations about how demand response should be compensated have arisen. Moreover, the court is about to rehear the Order 745. It probably will have significant impact on the whole working system used to be built for demand response before. Nowadays, some power companies and utilities think that they will endure profits leakage while demand response resources still are compensated.

In this research, knowledge of demand response, local marginal price, Order 745 and other related concept will be explained in detail in case of misunderstanding. Associated with all these knowledge, a possible compensation method will be proposed. …