The influence of demand response on wind-integrated power system considering participation of the demand side

Jianwei Gao, Zeyang Ma and Fengjia Guo

Energy, 2019, vol. 178, issue C, 723-738

Abstract: Demand response (DR) can serve as virtual reserve to cope the impact of wind power on system reliability. This paper describes a new approach to investigating the impact of DR in a wind-integrated power system from the perspective of generation adequacy. First, owing to the uncertainty of human behavior, DR cannot be trusted to provide a sufficient reserve. To characterize the associated uncertainty, we use a value function of prospect theory to depict the risk attitude of the customer. Based on this function, we propose a variant Roth-Erev algorithm to characterize the uncertainty of customer participation and measure the available capacity of DR. Second, we introduce the available capacity of DR into operational constraints and construct a DR scheduling model to reduce system operation costs. Finally, based on the uncertainty characterization of DR and a scheduling model, we extend the traditional assessment procedure using Monte-Carlo simulation and propose a novel procedure to evaluate the impact of DR on generation adequacy. Simulation results show that introducing DR can improve the generation adequacy of a wind-integrated power system. The proposed DR scheduling method reduces the operational cost and improves generation adequacy.

Keywords: Demand response; Wind power; Generation adequacy; Prospect theory; Power system operation (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:178:y:2019:i:c:p:723-738

DOI: 10.1016/j.energy.2019.04.104

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