The values of market-based demand response on improving power system reliability under extreme circumstances

Wang, Fei; Xu, Hanchen; Xu, Tong; Li, Kangping; Shafie‐khah, Miadreza

doi:10.1016/j.apenergy.2017.01.103

Cited by 212 publications

(74 citation statements)

References 21 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In [58], the operation mechanism of DR and the key technologies in smart grid are reviewed in detail, and the conclusion that DR can be applied to peak load shifting is also drawn in the paper. TOU tariff is a price-based DR.…”

Section: The Influence On the Utilization Rate Of Distribution Networmentioning

confidence: 99%

A review on the influence of intelligent power consumption technologies on the utilization rate of distribution network equipment

He¹,

Chen²,

Yang

et al. 2018

Prot Control Mod Power Syst

View full text Add to dashboard Cite

The economy of distribution networks largely depends on the utilization rate of distribution network equipment. Most of the emerging intelligent power consumption technologies have a positive effect on equipment utilization and their use can save investment of distribution networks. In this paper, the influence of intelligent power consumption technologies on the utilization rate of distribution network equipment is reviewed. The evaluation methods and indexes are assessed first and then intelligent power consumption equipment with energy storage function, vehicle-to-grid (V2G) technology and time-of-use (TOU) tariff are reviewed respectively. It is concluded that these intelligent power consumption technologies and measures have great potential to improve utilization rate of distribution network equipment because of their effective improvement to power load. Meanwhile, recommendations on how to utilize these intelligent power consumption technologies to improve utilization rate of distribution network equipment are proposed.

show abstract

Section: The Influence On the Utilization Rate Of Distribution Networmentioning

confidence: 99%

A review on the influence of intelligent power consumption technologies on the utilization rate of distribution network equipment

He¹,

Chen²,

Yang

et al. 2018

Prot Control Mod Power Syst

View full text Add to dashboard Cite

show abstract

“…Instead of mitigating the influence of variable renewables through the curtailments from the demand side [18], wind and solar power forecasting are still the most effective means of handling the uncertainty of renewable power generation. Several different models have been successfully applied to the forecasting of renewable power generation in terms of wind power [19][20][21][22][23] and solar power [24][25][26].…”

Section: Arma-based Power Forecasting Modelmentioning

confidence: 99%

Two-Tier Reactive Power and Voltage Control Strategy Based on ARMA Renewable Power Forecasting Models

Wang

Ren

et al. 2017

Energies

Self Cite

View full text Add to dashboard Cite

Abstract:To address the static voltage stability issue and suppress the voltage fluctuation caused by the increasing integration of wind farms and solar photovoltaic (PV) power plants, a two-tier reactive power and voltage control strategy based on ARMA power forecasting models for wind and solar plants is proposed in this paper. Firstly, ARMA models are established to forecast the output of wind farms and solar PV plants. Secondly, the discrete equipment is pre-regulated based on the single-step prediction information from ARMA forecasting models according to the optimization result. Thirdly, a multi-objective optimization model is presented and solved by particle swarm optimization (PSO) according to the measured data and the proposed static voltage stability index. Finally, the IEEE14 bus system including a wind farm and solar PV plant is utilized to test the effectiveness of the proposed strategy. The results show that the proposed strategy can suppress voltage fluctuation and improve the static voltage stability under the condition of high penetration of renewables including wind and solar power.

show abstract

“…To exploit the full potential of demand flexibility, a modern market platform is required to have clear product definition, appropriate price signals that can benefit all market participants, more participants to increase the competition level and to have shorter trading intervals closer to real time with appropriate bidding mechanisms [65]. Moreover, the market mechanism must coordinate with other electricity markets, which means flexibility activations should not have negative impacts on other markets or players [11].…”

Section: Framework For Demand Flexibilitymentioning

confidence: 99%

A Decentralized Local Flexibility Market Considering the Uncertainty of Demand

2018

View full text Add to dashboard Cite

Abstract:The role of the distribution system operator (DSO) is evolving with the increasing possibilities of demand management and flexibility. Rather than implementing conventional approaches to mitigate network congestions, such as upgrading existing assets, demand flexibility services have been gaining much attention lately as a solution to defer the need for network reinforcements. In this paper, a framework for a decentralized local market that enables flexibility services trading at the distribution level is introduced. This market operates on two timeframes, day-ahead and real-time and it allows the DSO to procure flexibility services which can help in its congestion management process. The contribution of this work lies in considering the uncertainty of demand during the day-ahead period. As a result, we introduce a probabilistic process that supports the DSO in assessing the true need of obtaining flexibility services based on the probability of congestion occurrence in the following day of operation. Besides being able to procure firm flexibility for high probable congestions, a new option is introduced, called the right-to-use option, which enables the DSO to reserve a specific amount of flexibility, to be called upon later if necessary, for congestions that have medium probabilities of taking place. In addition, a real-time market for flexibility trading is presented, which allows the DSO to procure flexibility services for unforeseen congestions with short notice. Also, the effect of the penetration level of flexibility on the DSO's total cost is discussed and assessed. Finally, a case study is carried out for a real distribution network feeder in Spain to illustrate the impact of the proposed flexibility framework on the DSO's congestion management process.

show abstract

The values of market-based demand response on improving power system reliability under extreme circumstances

Cited by 212 publications

References 21 publications

A review on the influence of intelligent power consumption technologies on the utilization rate of distribution network equipment

A review on the influence of intelligent power consumption technologies on the utilization rate of distribution network equipment

Two-Tier Reactive Power and Voltage Control Strategy Based on ARMA Renewable Power Forecasting Models

A Decentralized Local Flexibility Market Considering the Uncertainty of Demand

Contact Info

Product

Resources

About