2015 IEEE Power &Amp; Energy Society General Meeting 2015
DOI: 10.1109/pesgm.2015.7286405
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Smart distribution system operations with price-responsive and controllable loads

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Cited by 14 publications
(34 citation statements)
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“…• Fuel cost model of thermal generators Fuel cost of a thermal generator can be described as a quadratic function in Equation (5), or a quadratic function with valve-point effects in Equation (6). 14,16,43 d i and e i are coefficients describing the valve-point loading effect.…”
Section: Formulation Of Opfmentioning
confidence: 99%
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“…• Fuel cost model of thermal generators Fuel cost of a thermal generator can be described as a quadratic function in Equation (5), or a quadratic function with valve-point effects in Equation (6). 14,16,43 d i and e i are coefficients describing the valve-point loading effect.…”
Section: Formulation Of Opfmentioning
confidence: 99%
“…The technical literature on the subject proposes a methodology to calculate the cost of underestimating or overestimating the available power of the stochastic generator as an additional term in the objective function of the OPF. 6,7,45 The concept of underestimation (C u,i ) and overestimation (C o,i ) costs is due to the fact that there may be a difference between the available generated power (W av,i ) and that was scheduled (W S,i ). In this way, when scheduled power is less than the available power, there is an underestimation cost, since not all available power will be used.…”
Section: Control Models For Controllable Pv Energy Systemsmentioning
confidence: 99%
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“…It can be proven that a quadratic utility function leads to a consumption P flex k,i that is linearly dependent on the electricity price [31]. Typically, the available flexibility depends on the time of the day.…”
Section: System Modelmentioning
confidence: 99%
“…Demand side management (DSM), a key component of future smart grids, can increase the efficiency of electric grids by modifying consumer's electric demand through various methods such as financial incentives and behavioral change [1]- [4]. DSM focuses on interacting between utility and customers.…”
Section: Introductionmentioning
confidence: 99%