Purchase Bidding Strategy for Load Agent With the Incentive-Based 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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1 Department of Electrical Engineering, Inha University, 100, Inha-ro, Nam-gu, Incheon 402-751, Korea; [email protected] 2 School of Electrical Engineering, Kookmin University, Jeongneung-ro, Seongbuk-gu, Seoul 136-702, Korea; [email protected] (S.-H.K.); [email protected] (I.-Y.C.) 3 Department of Electrical Engineering, Myongji University, 116, Myongji-ro, Cheoin-gu, Yongin-si, Gyeonggi-d...
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In this paper, a customer incentive scheme is proposed for retailers to build an effective demand response program over the peak demand period to minimize the financial risk. Firstly, an objective function is formulated based on the market operation and an optimal incentive price is derived from this objective function. Secondly, the incentive price is employed as a part of an incentive scheme ...
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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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ژورنال
عنوان ژورنال: IEEE Access
سال: 2019
ISSN: 2169-3536
DOI: 10.1109/access.2019.2915105