Go to:
Logótipo
Comuta visibilidade da coluna esquerda
Você está em: Start > Publications > View > Optimal Demand Response Programs for Improving the Efficiency of Day-Ahead Electricity Markets using a Multi Attribute Decision Making Approach
Publication

Publications

Optimal Demand Response Programs for Improving the Efficiency of Day-Ahead Electricity Markets using a Multi Attribute Decision Making Approach

Title
Optimal Demand Response Programs for Improving the Efficiency of Day-Ahead Electricity Markets using a Multi Attribute Decision Making Approach
Type
Article in International Conference Proceedings Book
Year
2016
Authors
Shafie khah, M
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Shoreh, MH
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Siano, P
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Fitiwi, DZ
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Godina, R
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Osorio, GJ
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Lujano Rojas, J
(Author)
Other
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Conference proceedings International
IEEE International Energy Conference (ENERGYCON)
Leuven, BELGIUM, APR 04-08, 2016
Indexing
Publicação em ISI Web of Knowledge ISI Web of Knowledge - 0 Citations
Other information
Authenticus ID: P-00M-C18
Abstract (EN): In this paper, an agent-based model is proposed to improve market efficiency by using different Demand Response Programs (DRPs) in the day-ahead electricity market. To this end, both incentive-based and price-based DRPs are considered. On this basis, time of use, real time pricing, emergency demand response program, interruptible/curtailable services and critical peak pricing are investigated. The tariffs of the considered price-based programs and the amount of incentive in the incentive-based programs are optimized through the proposed model. Furthermore, a market power index, i.e., Share Weighted Average Lerner Index (SWALI) and the operation cost are used to evaluate the market efficiency and the market power. The proposed model optimizes the DRPs to improve the electricity market efficiency by using a multi-attribute decision-making approach. The results show that the market operator can mitigate the potential occurrence of market power in a power system by finding the optimal DRP.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 6
Documents
We could not find any documents associated to the publication.
Related Publications

Of the same authors

Optimal Demand Response Programs for improving the efficiency of day-ahead electricity markets using a multi attribute decision making approach (2016)
Article in International Conference Proceedings Book
Shafie Khah, M; Shoreh, MH; Siano, P; Fitiwi, DZ; Godina, R; Osorio, GJ; Lujano Rojas, J; Catalao, JPS
Recommend this page Top
Copyright 1996-2025 © Faculdade de Direito da Universidade do Porto  I Terms and Conditions  I Acessibility  I Index A-Z
Page created on: 2025-07-10 at 03:30:31 | Privacy Policy | Personal Data Protection Policy | Whistleblowing