Abstract
The growth of electricity demand in the Brazilian system is high. This is due to the growing economy featuring most of the developing countries. However, its installed capacity cannot keep the pace of such a demand growth. This has led to some problems like the saturation of the system transmission and generation components during peak periods, as well as problems such as reduced system security and the inability to maintain low energy prices during peak periods. This paper presents a new proposal for the demand response program and an analysis of how are its impacts on the spot price within the electricity market.
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