Abstract: | Title XIII of the Energy Independence and Security Act of 2005 states that it is now U.S. policy to modernize the grid by creating a Smart Grid that, in part, will integrate distributed resources and incorporate demand response. Real-time pricing (RTP) is a means for demand response that could be enabled by a Smart Grid. This seminar is on a study of how RTP can make the use of wind energy more efficient in a power system.
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