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Optimal demand response programs for improving the efficiency of day-ahead electricity markets using a multi attribute decision making approach
Shafie-khah, Miadreza; Fitiwi Zahlay, Desta; Hasani Shoreh, Maryam; Siano, Pierluigi; Osório da Silva, Gerardo José; Lujano-Rojas, Juan M.; Catalão, João P. S.In this paper, an agent-based model is proposed to improve market efficiency by using different Demand Response Programs (DRPs) in the day-ahead electricity market. To this end, both incentive-based and price-based DRPs ...