When Bias Matters: An Economic Assessment of Demand Response Baselines for Residential Customers

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This paper presents an approach to provide demand response services with buildings. Each building receives a normalized signal that tells it to increase or decrease its power demand, and the building is free to implement any suitable strategy to follow the ...

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The robustness of smart grids is challenged by unpredictable power peaks or temporal demand oscillations that can cause blackouts and increase supply costs. Planning of demand can mitigate these effects and increase robustness. However, the impact on consu ...

Demand response (DR) emerges as one of the cheapest and greenest solutions to match supply and demand in the electricity sector. While DR has been focused on large and industrial consumers, pervasive implementation (by including residential consumers) is n ...

While electricity demand forecasting literature has focused on large, industrial, and national demand, this paper focuses on short-term (1 and 24 hour ahead) electricity demand forecasting for residential customers at the individual and aggregate level. Si ...

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When Bias Matters: An Economic Assessment of Demand Response Baselines for Residential Customers

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