2017
DOI: 10.1002/etep.2373
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Reducing reliability cost in presence of renewables by demand side management resources

Abstract: Summary Resource adequacy procurement is one of the most important issues in power system, which guarantees continuity of supplying the load. Independent system operator is responsible for resource adequacy procurement through capacity mechanisms. Capacity market is one of the most successful capacity mechanisms, where capacity providers sell their products in a competitive manner. Low investment costs, short construction periods, and more competition are factors that may justify using demand side management (… Show more

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Cited by 4 publications
(5 citation statements)
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“…Independent system operator (ISO) was also defined to control operation of power system and is responsible for providing fairness in energy trading. 2 In addition to wholesale energy market, retail markets were formed at distribution level. MG is one of the main players in retail markets.…”
Section: Mgs In Distribution Gridmentioning
confidence: 99%
See 1 more Smart Citation
“…Independent system operator (ISO) was also defined to control operation of power system and is responsible for providing fairness in energy trading. 2 In addition to wholesale energy market, retail markets were formed at distribution level. MG is one of the main players in retail markets.…”
Section: Mgs In Distribution Gridmentioning
confidence: 99%
“…In this market electricity suppliers were on one side as sellers and large consumers and retailers were on the other side as buyers. Independent system operator (ISO) was also defined to control operation of power system and is responsible for providing fairness in energy trading 2 . In addition to wholesale energy market, retail markets were formed at distribution level.…”
Section: Introductionmentioning
confidence: 99%
“…The time-of-use rate has been implemented on distribution networks with large industrial and commercial loads to simultaneously decrease utility and consumer costs [39]. The DR program can relieve market power in the case of limited power supply and transmission-line constraint violations [40]. Moreover, the DR program also reduces the market risk of consumers and suppliers and the uncertainty and fluctuation of prices [27].…”
Section: Electricity Marketmentioning
confidence: 99%
“…In a study, Jalili et al presented detailed planning with the aim of providing the required capacity of the grid to provide the load with the appropriate index of reliability. Also, the reduction of reliability costs in the capacity market has been investigated by demand-side resources [6]. The impact of renewable energies on capacity mechanisms in power systems has been investigated in [7].…”
Section: Introductionmentioning
confidence: 99%