Real-Time Approach for Demand Response Tariffs Definition Using Decision Trees

Silva, Cátia; Faria, Pedro; Vale, Zita

http://hdl.handle.net/10400.22/18481

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Authors

Silva, Cátia

Faria, Pedro

Vale, Zita

Abstract(s)

Giving the small resources more information about the transactions in the market will have a great influence on the balance and increase the uncertainty. Business models that are prepared to deal with small consumers and/or with small Distributed Generation units need to emerge to deal with this problem. The authors present a methodology able to minimize the operation costs for the Aggregator of these small resources but also find a fair remuneration according to their participation in the management of the local grid. The methodology could be explored by two approaches depending on time horizon: planning or operation. In the present paper, the two will be compared showing the viability of the path selected by the authors for the real-time approach - assign a remuneration group to a consumer considering the actual participation and the rules provided by a classification method.