2011
DOI: 10.1002/tee.20647
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Analysis of optimal spinning reserve procurement with demand response resources under social cost minimization

Abstract: This paper evaluates the effect of demand response (DR) resources that are utilized in the reserve market using an optimal probabilistic mixed integer programming (MIP)‐based spinning reserve scheduling method. In order to analyze the DR utilization effect from a theoric point of view, the objective of the adopted framwork is social cost minimization. To be consistent with the increasing reliability requirements of loads and considering increasing uncertainity in the generation side because of penetration of i… Show more

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Cited by 5 publications
(1 citation statement)
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“…Distributed energy resources (DER) such as residential fuel cell combined heat and power systems (FC‐CHP), photovoltaic generation systems, CO 2 heat pump water heaters, air conditioners, or energy storage systems are expected to contribute to energy savings and improve power system operation . For example, FC‐CHPs have high overall efficiency regarding the use of electricity and heat.…”
Section: Introductionmentioning
confidence: 99%
“…Distributed energy resources (DER) such as residential fuel cell combined heat and power systems (FC‐CHP), photovoltaic generation systems, CO 2 heat pump water heaters, air conditioners, or energy storage systems are expected to contribute to energy savings and improve power system operation . For example, FC‐CHPs have high overall efficiency regarding the use of electricity and heat.…”
Section: Introductionmentioning
confidence: 99%