Energy & Water
What is happening? A Texas A&M research team published a study in iScience Journal concerning demand response that counters the idea that large population centers should be the primary target.
Why is this important? The Texas A&M researchers found that “focusing on a few strategic locations across the state outside of those high-population areas is much more cost-effective and can have a greater impact on the price volatility of the grid. A machine learning algorithm is utilized to strategically select these demand response locations based on a synthetic Texas grid model.”
How will this be important? The researchers’ goals are to ” hopefully reduce the price volatility of the grid, which we believe would be best for society.”
Texas A&M Today | Targeted Demand Response Reduces Price Volatility Of Electric Grid
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