Modelling of multi-timescale demand response for power markets Online publication date: Mon, 23-Mar-2020
by Dan Zhou; Huiwen Dai; Feng Chen; Boliang Lou; Zhiwei Ren
International Journal of Modelling, Identification and Control (IJMIC), Vol. 33, No. 3, 2019
Abstract: Demand response as an important part of smart grid makes the consumers participate in market operation that can lead to the benefit of both the utility and the consumers. In this paper, a multi-timescale demand response model that accounts for short-term and long-term demand characteristics is established. The short-term demand response and long-term demand response are combined by the electricity price elasticity matrix. The objective of optimisation is to minimise the peak-valley load difference in the total load, and particle swarm optimisation is adopted as the optimisation algorithm. The simulation results of IEEE-30 node distribution network show the feasibility and effectiveness of the proposed demand response model and pricing strategy. The research of this paper will provide technical support for the application of demand response mechanism after the new electric power reform.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Modelling, Identification and Control (IJMIC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook