A Marketplace-Based Approach to Demand-Side Management in the Smart Grid

Power grids are facing new challenges as a consequence of an increase in the use of renewable energy sources (RES). The fluctuation in power supply from these energy sources results in insecure and unstable operating points. Furthermore, the integration of distributed energy resources (DER), as well as distributed information systems, poses serious stability and security challenges in power network operation and management, necessitating reinforcement of the distribution grid. In the scientific literature, a wide range of applications of control theory have been suggested for balancing renewable energy generation and consumption. Above all, to overcome these problems we need to start considering new scenarios, stakeholders and services.