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Massive changes in electricity markets have occurred during the last years, as a consequence of the massive introduction of renewable energies. These changes have led to a restructuring process that had an impact throughout the electrical industry. The case of the electricity markets is a relevant example, where new forms of trading emerged and new market entities were created. With these changes,...
Electricity markets (EMs) are essentially systemsfor affecting the purchase and sale of energy using supply and demand to set the prices. Most existing EMs were designed without the notion that a significant part of the traded power could come from renewable energy sources and may require modifications to continue functioning effectively. Agent-based simulation tools are powerful computational tools...
This paper presents an experimental real-time implementation of an incentive-based demand response program with hardware demonstration of a home energy management system. This system controls the electricity consumption of a residential electricity customer. For this purpose, the real consumption and generation profiles of a typical Portuguese household equipped with a home-scale photovoltaic system...
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