Extending the bidding format to promote demand response
نویسندگان
چکیده
منابع مشابه
Bidding Strategy in Demand Response Exchange Market
Demand response (DR) has many beneficiaries in the electricity market. There are independent players who are interested in DR, which include: transmission system owners, distributors, retailers, and aggregators. In this paper DR is introduced as a tradable commodity that can be exchanged between DR buyers and sellers in a pool-based market which is called demand response exchange (DRX). DRX ope...
متن کاملbidding strategy in demand response exchange market
demand response (dr) has many beneficiaries in the electricity market. there are independent players who are interested in dr, which include: transmission system owners, distributors, retailers, and aggregators. in this paper dr is introduced as a tradable commodity that can be exchanged between dr buyers and sellers in a pool-based market which is called demand response exchange (drx). drx ope...
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Demand-side response (DR) is emerging as a crucial technology to assure stability of modern power grids. The uncertainty about the cost agents face for reducing consumption imposes challenges in achieving reliable, coordinated response. In recent work, Ma et al. [13] introduce DR as a mechanism design problem and solve it for a setting where an agent has a binary preparation decision and where,...
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Restructuring in the power industry is followed by splitting different parts and creating a competition between purchasing and selling sections. As a consequence, through an active participation in the energy market, the service provider companies and large consumers create a context for overcoming the problems resulted from lack of demand side participation in the market. The most prominent ch...
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Game theoretic approaches to the study of electricity markets have been explored for decades [2], [7], [10]. Recently problems associated with variations of the optimal power flow problem with static (inelastic) demand for an electrical power grid [5], [21], [22], have been considered by several authors, e.g., [15], [17]. Indeed, demand elasticity for electricity is motivated by the onset of po...
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ژورنال
عنوان ژورنال: Energy Policy
سال: 2015
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2015.06.030