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A direct load control (DLC) scheme of air conditioning loads (ACL) considering direct monetary compensation to ACL customers for the service interruption caused by the DLC program is proposed in this paper for restructured power systems. The nodal interrupted energy assessment rate (NIEAR), which is used as the bids from the ACL customers, is utilized to determine the direct monetary compensation to the ACL customers. The proposed scheme was investigated for the PoolCo electricity market. Thedoi:10.1109/tpwrs.2009.2038920 fatcat:5ri5aztlsvcqlp4tvdoamajgyi