Direct load control - A profit-based load management using linear programming

Ng, KH

doi:10.1109/59.667401

Return

Direct load control - A profit-based load management using linear programming

1998-05-01

170

PRE

Ng, KH *

Sheble, GB

DOI：10.1109/59.667401

Original

Original request for help

Save

Abstract

En 中文

Conventional cost-based load management ignores the rate structure offered to customers. The resulting cost savings may cause revenue loss. In a deregulated power industry where utilities absorb the ultimate consequence of their decision making, reexamination of load management must be conducted, In this paper, profit-based load management is introduced to examine generic direct load control scheduling. Based upon the cost/market price function, the approach aims to increase the profit of utilities. Instead of determining the amount of energy to be deferred of to be paid back, the algorithm controls the number of groups per customer/load type to maximize the profit. In addition to the advantage of better physical feel on how the control devices should operate, the linear programming algorithm provides a relatively inexpensive and powerful approach to the scheduling problem.

Keywords:

load management

direct load control

profit-based operation

linear programming

integer solution

AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.