The rise of AGILE demand response: Enabler and foundation for change

For the first time, this paper encompasses the concept of Agile Demand Response that is defined as the ability of power system to survive and prosper in the competitive retail market by reacting to the market needs fast and effectively which are driven by the customers. This paper also presents the key enablers of the agile demand response, which are (1) Retail Market, (2) Virtual Supply-demand matching mechanism, (3) Integrated information system and (4) Stay Committed. The paper concludes that by bringing the enablers together - Agile DR improves the responsiveness to the retail market changes unambiguously.