A Dynamic Market Mechanism for Markets with Shiftable Demand Response
A Dynamic Market Mechanism for Markets with Shiftable Demand Response
复制标题
具有可变需求响应的动态市场机制
DOI:
10.3182/20140824-6-za-1003.00620
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发表时间:
2014
期刊:
影响因子:
--
通讯作者:
J. Stoustrup
中科院分区:
文献类型:
--
作者:
Jacob Hansen;J. Knudsen;Arman Kiani;A. Annaswamy;J. Stoustrup
Abstract In this paper, we propose a dynamic market mechanism that converges to the desired market equilibrium. Both locational marginal prices and the schedules for generation and consumption are determined through a negotiation process between the key market players. In addition to incorporating renewables, this mechanism accommodates both consumers with a shiftable Demand Response and an adjustable Demand Response. The overall market mechanism is evaluated in a Day Ahead Market and is shown in a numerical example to result in a reduction of the cost of electricity for the consumer, as well as an increase in the Social Welfare.