Demand response program in Singapore’s wholesale electricity market

• Main Authors: Zhou, Shengfeng, Shu, Zhen, Gao, Yue, Gooi, Hoay Beng, Chen, Shuaixun, Tan, Kelvin
• Other Authors: School of Electrical and Electronic Engineering
• Format: Article
• Language: English
• Published: 2016
• Subjects: Singapore electricity market; Market clearing model (MCM)
• Online Access: https://hdl.handle.net/10356/84569; http://hdl.handle.net/10220/41888
• Institution: Nanyang Technological University

Singapore is going to implement a demand response (DR) program to further enhance the efficiency and competitiveness of its electricity market. This paper aims to provide an in-depth investigation of this DR program which features demand side bidding and incentive payments. First, the current market...