A review on Demand-side tools in electricity market

With the advent of restructuring in the electricity markets, the Supply-side quickly adapted to the new environment, whereas, the story in the demand side has been different. Demand side dealt with the electric energy as a commodity available to the necessary extent. This caused the Supply-side to realize that the demand side would admit to purchase electric energy at any price, and this resulted in the advent of bidding strategies in the Supply-Side, known as “hockey-stick bidding”. The most important result was transfer of the demand side assets to the Supply-side. After a while, the demand side noticed the self-sloppy condition, therefore looked for tools to deal with these threats. This subject is examined in this paper.