Assessing the benefits of residential demand response in a real time distribution energy market

Pierluigi Siano and Debora Sarno

Applied Energy, 2016, vol. 161, issue C, 533-551

Abstract: In the field of electricity distribution networks and with the advent of smart grids and microgrids, the use of Distribution Locational Marginal Price (D-LMPs) in a Real Time (RT) distribution market managed by a Distribution System Operator (DSO) is discussed in presence of empowered residential end-users that are able to bid for energy by a demand aggregator while following Demand Response (DR) initiatives. Each customer is provided by a transactive controller, which reads the locational market signals and answers with a bid taking into account the user preferences about some appliances involved in DR activities and controlled by smart plugs-in. In particular, Heating Ventilation and Air Conditioning (HVAC) appliances and shiftable loads are controlled so that their consumption profile can be modified according to the price of energy.

Keywords: Demand response; Distribution systems; Smart grids; Distribution locational marginal price; Transactive controller; Monte Carlo simulation (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (80)

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DOI: 10.1016/j.apenergy.2015.10.017

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