Optimal Behavior of Demand Response Aggregators in Providing Balancing and Ancillary Services in Renewable-Based Power Systems

• Type: Article in International Conference Proceedings Book
• Date: 2015

Authors

Heydarian Forushani, E (Author) Other; Golshan, MEH (Author) Other; Shafie Khah, M (Author) Other; Catalao, JPS (Author) FEUP

Conference proceedings International

Title: TECHNOLOGICAL INNOVATION FOR CLOUD-BASED ENGINEERING SYSTEMS

Pages: 309-316

6th IFIPWG 5.5/SOCOLNET Advanced Doctoral Conference on Computing, Electrical and Industrial Systems (DoCEIS)

Costa de Caparica, PORTUGAL, APR 13-15, 2015

Indexing

ISI Web of Knowledge - 2 Citations

Scopus - 5 Citations

Other information

Authenticus ID: P-00A-AZC

DOI: 10.1007/978-3-319-16766-4_33

Abstract (EN): Due to the limited predictability and associated uncertainty of renewable energy resources, renewable-based electricity systems are confronted with instability problems. In such power systems, implementation of Demand Response (DR) programs not only can improve the system stability but also enhances market efficiency and system reliability. By implementing cloud-based engineering systems the utilization of DR will be increased and consequently DR will play a more crucial role in the future. Therefore, DR aggregators can efficiently take part in energy, balancing and ancillary services markets. In this paper, a model has been developed to optimize the behavior of a DR aggregator to simultaneously participate in the mentioned markets. To this end, the DR aggregator optimizes its offering/bidding strategies based on the contracts with its customers. In the proposed model, uncertainties of renewable energy resources and the prices of electricity markets are considered. Numerical studies show the effectiveness of the proposed model.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 8