Comprehensive review of the recent advances in industrial and commercial DR

Industrial and commercial electricity customers have significant potential in providing flexibility for power systems through diverse demand response (DR) programs. However, the industrial and commercial potential of DR is not yet completely understood, especially regarding the emerging and advanced technologies associated with the smart grid. Advances in smart meter technology that allow monitoring and controlling responsive loads in real time will also be key enablers of DR potential. It can be more complex to implement DR for industrial loads if compared to residential loads mainly due to the reliability management that is more vital for industrial plants. Hence, this paper aims at providing a comprehensive review of the most recent advances on industrial and commercial DR. On this basis, this survey first presents the potential and technologies of DR in industrial and commercial sectors. Then, the existing models of DR in the mentioned sectors are presented. The presence of industrial and commercial DR in electricity markets is also investigated. Finally, the main positive and beneficial aspects, as well as challenges and barriers of industrial and commercial DR, are investigated.fi=vertaisarvioitu|en=peerReviewed