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The development in power systems and the introduction of decentralized generation and Electric Vehicles (EVs), both connected to distribution networks, represents a major challenge in the planning and operation issues. This new paradigm requires a new energy resources management approach which considers not only the generation, but also the management of loads through demand response programs, energy storage units, EVs and other players in a liberalized electricity markets environment. Thisdoi:10.3182/20140824-6-za-1003.02541 fatcat:mjzrer2dxvajxciuwgyy2xbmeu