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Pool-Based Demand Response Exchange-Concept and Modeling

delete2011-08-01
delete175
PRE
AI
D
Duy Thanh Nguyen *
M
Michael Negnevitsky
DOI:10.1109/TPWRS.2010.2095890delete
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摘要

摘要

En 中文
In restructured power systems, there are many independent players who benefit from demand response (DR). These include the transmission system operator (TSO), distributors, retailers, and aggregators. This paper proposes a new concept-demand response eXchange (DRX)-in which DR is treated as a public good to be exchanged between DR buyers and sellers. Buyers need DR to improve the reliability of their own electricity-dependent businesses and systems. Sellers have the capacity to significantly modify electricity demand on request. Microeconomic theory is applied to model the DRX in the form of a pool-based market. In this market, a DRX operator (DRXO) collects DR bids and offers from the buyers and sellers, respectively. It then clears the market by maximizing the total market benefit subject to certain constraints including: demand-supply balance, and assurance contracts related to individual buyer contributions for DR. The DRX model is also tested on a small power system, and its efficiency is reported.
Keyword:
Assurance contract
demand response (DR)
demand response eXchange (DRX)
microeconomic theory
public good
restructured power systems
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期刊

IEEE Transactions on Power Systems 封面图
IEEE Transactions on Power Systems
IF:
7.2
论文数:
1.1W
被引数:
5.0W

机构

U
University of Tasmania
学者数:
1.3W
论文数: 1.3W
被引数: 1.8W
C
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