A methodology for determining the avoided revenue requirements (benefits) as a result of load control is developed. This methodology can consider a decreasing future value of load control due to appliance efficiency improvements. Sample data is used to calculate these benefits for both peaking and base load capacity avoidance. The concept of assigning a load equivalance value to load control is introduced to enable the proper evaluation of benefits. Existing computer simulation techniques need to be enhanced to model the impact of load control on system capacity requirements.
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J. L. Seelke (1982) studied this question.
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