Economics

Incentive based emergency demand response effectively reduces peak load during heatwave without harm to vulnerable groups

Z. Wang, B. Lu, et al.

Discover how incentive-based emergency demand response (EDR) effectively curbs electricity usage during heatwaves, ensuring that vulnerable populations remain unaffected financially. This groundbreaking research, conducted by Zhaohua Wang, Bin Lu, Bo Wang, Yueming (Lucy) Qiu, Han Shi, Bin Zhang, Jingyun Li, Hao Li, and Wenhui Zhao, reveals significant insights from a massive pilot program involving over 205,000 households in China.... show more

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