Demand Response Impact on Market Operator's Revenue and Load Profile of a Grid Connected with Wind Power Plants

Abstract

-Economic properties of an integrated wind power plant (WPP) and the demand response (DR) programs in the sample electricity market are studied. Time of use (TOU) and direct load control (DLC) are two of the DR programs that are applied in the system. The influences of these methods and the incentive payments by market operator's (MOs) with variable elasticity are studied. It is observed that DR with TOU and DLC programs together yields better revenue and energy saving for MOs.

Methods for Adding Demand Response Capability to a Thermostatically Controlled Load with an Existing On-off Controller

“…Different values of k P at the on-state mean different time durations necessary for the same change of temperature, which in turn makes the distribution of the on-and offstates diversified in time. The last diversity element is specific parameter values of the dynamic model of a TCL as given in (3). Because the area and structure of the room space are all different, the specific dynamic model cannot be equal to each other, which supports the diversification of the on-and off-states in time.…”

“…Recently, more attention has been paid to the role of demand response (DR) to time-varying pricing such as time-of-use (TOU) pricing and critical peak pricing (CPP) [1][2][3]. The benefits of DR include the saving of electricity bills, the reduction of peak demand, the deferred infrastructure investment, and the mitigation of market power from a monopoly or an oligopoly [4][5][6].…”