Demand Management for Peak to Average Ratio Minimization via Intraday Block Pricing

نویسندگان

چکیده

Price based demand response schemes may significantly improve power system efficiency. Additionally, it is desired that such yield improved operation, by reducing the peak consumption. This paper proposes Intraday Block Pricing (IBP) scheme, aiming to promote effective among consumers charging their electricity usage on intraday time-slots. To design prices associated with proposed we formulate a bilevel optimization problem aims minimize Peak-to-Average Ratio (PAR) and simultaneously benefit utility company. The converted into single-level Mathematical Program Equilibrium Constraints (MPEC). resulting MPEC non-convex includes nonlinear constraints. Hence, obtain solution, relaxed Mixed Integer Linear dealing all nonlinearities. evaluate conservativeness of approach, lower bound cost original obtained. applicability scheme demonstrated simulations various case studies, which exhibit significant reduction in PAR economic gains for company consumers. Moreover, simulation results show solutions problems are equivalent, demonstrating effectiveness solution approach. Further demonstrate advantages performance IBP when compared existing literature.

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ژورنال

عنوان ژورنال: IEEE Transactions on Smart Grid

سال: 2023

ISSN: ['1949-3053', '1949-3061']

DOI: https://doi.org/10.1109/tsg.2023.3240522