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Advisor(s)
Abstract(s)
In competitive electricity markets with deep
concerns at the efficiency level, demand response programs gain considerable significance. In the same way, distributed
generation has gained increasing importance in the operation and planning of power systems. Grid operators and utilities are
taking new initiatives, recognizing the value of demand response and of distributed generation for grid reliability and for the
enhancement of organized spot market´s efficiency. Grid operators and utilities become able to act in both energy and reserve components of electricity markets. This paper proposes a methodology for a joint dispatch of demand response and distributed generation to provide energy and reserve by a virtual power player that operates a distribution network. The proposed
method has been computationally implemented and its application is illustrated in this paper using a 32 bus distribution network with 32 medium voltage consumers.
Description
Keywords
Demand response Distribution network Electricity markets Locational marginal price Network simulation
Pedagogical Context
Citation
Publisher
IEEE
