Optimization of Forward Electricity Markets Considering Wind Generation and Demand Response

被引：15

作者：

Wang, Jiankang ^{[1
]}

Kennedy, Scott W. ^{[2
]}

Kirtley, James L., Jr. ^{[1
]}

机构：

[1] MIT, Cambridge, MA 02139 USA

[2] Masdar Inst Sci & Technol, Abu Dhabi, U Arab Emirates

来源：

IEEE TRANSACTIONS ON SMART GRID | 2014年 / 5卷 / 03期

关键词：

Energy management; power generation economics; power system economics; PREDICTION;

D O I：

10.1109/TSG.2014.2298035

中图分类号：

TM [电工技术]; TN [电子技术、通信技术];

学科分类号：

0808 ; 0809 ;

摘要：

This paper presents a new two-step design approach of forward electricity markets, which is highly penetrated with intermittent energy sources, such as wind power, and Demand Response (DR) programs. First, an optimal market timeframe is determined that balances between generation forecast accuracy and customers' responding flexibility, in order to achieve a minimum system cost in forward and reserve energy markets. The timeframe obtained is used as a known parameter in the subsequent design of forward market price. End users' scheduling strategies modeled by price elasticity matrices along with current system conditions are considered in the price calculation process, during which the system cost of the forward energy market is minimized.

引用

页码：1254 / 1261

页数：8

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