Demand side management using time of use and elasticity price.
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Date
2016
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Abstract
Demand Side Management (DSM) has been
traditionally seen as a mean of reducing peak electricity demand
so that utilities can delay building further capacity. In fact, by
reducing the overall load on an electricity network, DSM has
various beneficial effects, including mitigating electrical system
emergencies, reducing the number of blackouts and increasing
system reliability. In this paper we propose a methodology to
evaluate DSM in electric distribution systems, based on elasticity
and time of use pricing concepts. This evaluation is performed
through an optimal power flow model considering linear
constraints. The results of the proposed method depend, to a
great extent, on two parameters: the maximum share of load
which consumers are able to shift and the elasticities used to
express the consumer's level of participation in the dynamic
pricing mechanism. Simulation results confirm the benefits of
Time of Use Demand Side Management reducing the peak-toaverage
ratio of the total power demand, as well as each user’s
individual daily electricity charges.
Description
Keywords
Smart grid, Demand side management, Elasticity
Citation
MANSO, J. C. G.; COSTA, A. Demand side management using time of use and elasticity price. Revista IEEE América Latina, v. 14, p. 4267-4274, 2016. Disponível em: <http://ieeexplore.ieee.org/document/7786304/>. Acesso em: 02 out. 2017.