1. Introduction

1.1. Introduction

1.2. The description of Demand Response

1.3. The flexibility of Demand Response

1.4. Implementation of Demand Response

1.5. The economic operation of the power system

1.6. The regulatory framework for Demand Response

1.7. Challenges related to the Demand Response technology

2. Implementation

2.1. Modelling the input parameters in GAMS

2.2. Modelling in GAMS: constraints and solution

2.3. Sensitivity analysis in GAMS

2.4. The Python model for Demand Response

2.5. Energy Demand versus Power Demand

3. Conclusions

3.1. Overview