Journal
INTERNATIONAL TRANSACTIONS ON ELECTRICAL ENERGY SYSTEMS
Volume 26, Issue 11, Pages 2463-2478Publisher
WILEY
DOI: 10.1002/etep.2216
Keywords
demand biding program; emergency demand response program; market clearing price; spot market
Categories
Ask authors/readers for more resources
The role of Demand Side Management programs in maximizing the benefits of electricity market participants is underlined in recent decades. After power system restructuring, Demand Side Management has been divided into Demand response (DR) and energy efficiency programs. Developing Demand Bidding (DB) program enables the widespread participation of smart customers and usually is implemented as a market-driven program while Emergency Demand Response Program (EDRP) is usually implemented as a reliability-driven program. The impacts of employing these DR programs, that is, EDRP and DB, on market clearing price have been investigated in this paper. A nonlinear model for DR program is proposed considering both EDRP and DB program. The effectiveness of the proposed model is evaluated on the Garver network and Institute of Electrical and Electronics Engineers (IEEE) 30-bus test system through running a numerical study. Copyright (c) 2016 John Wiley & Sons, Ltd.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available