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Integration of Demand Response into the Electricity Chain
In the last two decades, the power industry has undergone unprecedented changes motivated by by challenging environmental targets set out by governments worldwide, increasing requirements in terms of security of supply, and the need to make electricity more affordable to end customers in a market environment.rnIn this context, the increasing share of renewable energy sources, such as wind and photovoltaics connected to networks at different voltage levels, is dramatically changing the classic predict-and-provide approach that has characterized the power sector since its dawn at the end of the 19th century, whereby generation follows demand" and system control is delegated to relatively few large-scale power plants connected at the transmission level. In fact
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