2019
DOI: 10.3390/en12071261
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Multi-Objective Market Clearing Model with an Autonomous Demand Response Scheme

Abstract: Demand response (DR) is known as a key solution in modern power systems and electricity markets for mitigating wind power uncertainties. However, effective incorporation of DR into power system operation scheduling needs knowledge of the price–elastic demand curve that relies on several factors such as estimation of a customer’s elasticity as well as their participation level in DR programs. To overcome this challenge, this paper proposes a novel autonomous DR scheme without prediction of the price–elastic dem… Show more

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References 39 publications
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