This guide describes the index framework of DR programs on effect monitoring and comprehensive benefit evaluation, and provides the detailed calculation methods. This guide could be used by DR sponsors, including independent system operator (ISO), region transmission organization (RTO), electricity distribution company (EDC), load service entity (LSE), governments, and other research institutes, to analyze the actual effects of DR programs, evaluate the comprehensive benefits of implementing DR programs, and provide guidance for the overall resource planning decision.
Purpose
The purpose is to aid electric grid companies or other organizations evaluate the status, benefits, and effects of customer demand response.
Abstract
New IEEE Standard - Active.A framework for monitoring the effects and evaluating comprehensive benefits of demand response programs is proposed in this guide. From perspectives of ex-ante and ex-post evaluation, this guide introduces the evaluation processes on demand response effects with its comprehensive benefits and implemented calculation methods in detail. This guide could be applied in various electricity market structures to provide utilities with the references for the planning, design, implementation, and post-evaluation of demand response programs.