Design of capacity incentive and energy compensation for demand response programs

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Increasing the penetration of variable wind generation in power systems has created some new challenges in the power system operation. In such a situation, the inclusion of flexible resources which have the potential of facilitating wind power integration is necessary. Demand response (DR) programs and emerging utility-scale energy storages (ESs) are known as two powerful flexible tools that ca...

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Demand Response (DR) programs serve to reduce the consumption of electricity at times when the supply is scarce and expensive. Consumers or agents with flexible consumption profiles are recruited by an aggregator who manages the DR program. The utility informs the aggregator of an anticipated DR event. In response, the aggregator is required to deliver a target reduction in electricity consumpt...

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Limiting gaming opportunities on incentive-based demand response programs

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Contract Design for Energy Demand Response

Power companies such as Southern California Edison (SCE) uses Demand Response (DR) contracts to incentivize consumers to reduce their power consumption during periods when demand forecast exceeds supply. Current mechanisms in use offer contracts to consumers independent of one another, do not take into consideration consumers’ heterogeneity in consumption profile or reliability, and fail to ach...

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ژورنال

عنوان ژورنال: IOP Conference Series: Earth and Environmental Science

سال: 2018

ISSN: 1755-1307,1755-1315

DOI: 10.1088/1755-1315/121/5/052059