The forward contract model of interruptible load in power market

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

20 Scopus citations

Abstract

Interruptible load management (ILM) is an important part of Demand Side Management (DSM), especially in power market. It has deep influences on reliability and economical operation of power system. How to use a rational model to analyze the ILM becomes a hot topic in China. This paper gives the optimal purchase model of interruptible contract and sets a reasonable selected rule, i.e. the interruptible load should be priorly scheduled in the period with maximal shortage capacity. Based on the rule, the heuristic method is employed to solve the problem. Simulation results of real power system demonstrate the usefulness of the proposed model.

Original languageEnglish
Title of host publicationProceedings - 2005 IEEE/PES Transmission and DistributionConference and Exhibition - Asia and Pacific
Pages1-5
Number of pages5
DOIs
StatePublished - 2005
Event2005 IEEE/PES Transmission and DistributionConference and Exhibition - Asia and Pacific - Dalian, China
Duration: 15 Aug 200518 Aug 2005

Publication series

NameProceedings of the IEEE Power Engineering Society Transmission and Distribution Conference
Volume2005

Conference

Conference2005 IEEE/PES Transmission and DistributionConference and Exhibition - Asia and Pacific
Country/TerritoryChina
CityDalian
Period15/08/0518/08/05

Keywords

  • Forward contract
  • Interruptible load
  • Power Market
  • Reliability evaluation

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