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This paper evaluates the economic effect of the Demand Response (DR) with Thermal Storage Air-conditioning (TSA) systems in electricity markets using market models based on the California Power Exchange (Cal-PX) and the Australian National Electricity Market (NEM). Our main objective is to evaluate the reductions in the Market Clearing Price (MCP) and wholesale purchase costs for all market participants...
This paper evaluates the economic impact of the introduction of customer-owned thermal storage air-conditioning (TSA) systems in a deregulated electricity market from the viewpoint of the load service entity (LSE) and the whole-trade cost in the electricity market. Using market electricity demand and market clearing price (MCP) data based on the California Electricity Market 1999, our numerical results...
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