The importance of demand response to electricity markets


Conference: Smart Metering West Coast
Location: Los Angeles, CA, U.S.A
Presenter: Kathleen King
Abstract: Presented by Kathleen King at Smart Metering West Coast

Demand response is critical to the success of restructured power markets, as this presentation explains. In most markets, however, we failed to truly deregulate the retail side of the market, precluding demand response on the scale that could otherwise have been achieved in restructured power markets. This presentation explains the consequences of and the reasons for this failure. It concludes by discussing why structuring markets to facilitate demand response should be emphasized in the future.