University of Tasmania
Browse

File(s) under permanent embargo

Market-based demand response scheduling in a deregulated environment

journal contribution
posted on 2023-05-17, 21:36 authored by Nguyen, DT, Michael NegnevitskyMichael Negnevitsky, de Groot, M
In this paper we investigate efficient schemes for scheduling demand response (DR) in a deregulated environment. We begin with an analysis of partial schemes which are being implemented in many established markets. These schemes can be considered inefficient due to externalities that occur amongst DR beneficiaries including the transmission network company (Transco), distribution network companies (Discos), and retail electricity companies (Recos). This limitation of existing schemes motivates the development of a new concept - demand response exchange (DRX) - a separated market for trading DR fairly and flexibly across all beneficiaries. The DRX concept is realized by introducing a pool-based market clearing scheme. Extensive simulations are provided to illustrate the effectiveness of our DRX proposal.

History

Publication title

IEEE Transactions on Smart Grid

Volume

4

Issue

4

Article number

6522207

Number

6522207

Pagination

1948-1956

ISSN

1949-3053

Department/School

School of Engineering

Publisher

Institute of Electrical and Electronics Engineers

Place of publication

Piscataway, NJ 08854 United States

Rights statement

Copyright 2013 IEEE

Repository Status

  • Restricted

Socio-economic Objectives

Energy systems and analysis

Usage metrics

    University Of Tasmania

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC