Impact of demand response resources on unit commitment and dispatch in a day-ahead electricity market

dc.creatorMagnago, Fernando
dc.creatorAlemany, Juan Manuel
dc.creatorLin, J.
dc.date.accessioned2019-02-04T18:34:22Z
dc.date.accessioned2022-10-15T15:30:16Z
dc.date.available2019-02-04T18:34:22Z
dc.date.available2022-10-15T15:30:16Z
dc.date.created2019-02-04T18:34:22Z
dc.date.issued2015-06
dc.identifierMagnago, Fernando; Alemany, Juan Manuel; Lin, J.; Impact of demand response resources on unit commitment and dispatch in a day-ahead electricity market; Elsevier; International Journal of Electrical Power & Energy Systems; 68; 6-2015; 142-149
dc.identifier0142-0615
dc.identifierhttp://hdl.handle.net/11336/69328
dc.identifierCONICET Digital
dc.identifierCONICET
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/4403068
dc.description.abstractDemand response (DR) has recently become an important resource in both system operation and market operation. The focus of this paper is to investigate and quantify the cost impact of various demand response modelings on unit commitment and dispatch in a day-ahead market regime. We have used mixed integer programming unit commitment model, in the market operation framework. Day-ahead market is modeled with a typical test system. Our research results show that DR can exert downward pressure on electricity prices, causing significant implications on social welfare. Results from this work will help policy makers, resource planners, and market designers to make more informed decisions with the goal of better accommodating more demand response resources in the future.
dc.languageeng
dc.publisherElsevier
dc.relationinfo:eu-repo/semantics/altIdentifier/doi/https://dx.doi.org/10.1016/j.ijepes.2014.12.035
dc.relationinfo:eu-repo/semantics/altIdentifier/url/https://linkinghub.elsevier.com/retrieve/pii/S0142061514007625
dc.rightshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.subjectDEMAND RESPONSE RESOURCES
dc.subjectECONOMIC DISPATCH
dc.subjectELECTRICITY MARKET
dc.subjectNODAL PRICING
dc.subjectPOWER SYSTEM COMPUTATION
dc.subjectUNIT COMMITMENT
dc.titleImpact of demand response resources on unit commitment and dispatch in a day-ahead electricity market
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:ar-repo/semantics/artículo
dc.typeinfo:eu-repo/semantics/publishedVersion


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