Coordination of wind power and flexible load through demand response options

Dai Wang; Dileep Kalathil; Kameshwar Poolla; Xiaohong Guan

doi:10.1109/CDC.2015.7403359

Coordination of wind power and flexible load through demand response options

Dai Wang
, Dileep Kalathil
, Kameshwar Poolla
, Xiaohong Guan

电子与信息学部

Xi'an Jiaotong University
University of California at Berkeley

科研成果: 书/报告/会议事项章节 › 会议稿件 › 同行评审

4 引用（Scopus）

摘要

We explore the value of demand response (DR) for enhancing wind power integration. This value is derived through load curtailment to manage the variability of wind power. It increases the opportunity to use wind power and brings economic benefits to the aggregation of the load serving entity (LSE) and the flexible energy consumer. DR is provided by the flexible load through call options offers to the LSE. A transaction mechanism is designed to incentivize the DR aggregator by an appropriate selection of the strike price. It is shown that the strike price should be chosen to be the true value of lost load. A multi-stage decision-theoretic formulation is presented to model the interaction between the aggregator and two settlement markets. Simulations reveal that the proposed approach reduces the total costs incurred by the LSE.

源语言	英语
主期刊名	54rd IEEE Conference on Decision and Control,CDC 2015
出版商	Institute of Electrical and Electronics Engineers Inc.
页	7226-7231
页数	6
ISBN（电子版）	9781479978861
DOI	https://doi.org/10.1109/CDC.2015.7403359
出版状态	已出版 - 8 2月 2015
活动	54th IEEE Conference on Decision and Control, CDC 2015 - Osaka, 日本期限: 15 12月 2015 → 18 12月 2015

出版系列

姓名	Proceedings of the IEEE Conference on Decision and Control
ISSN（印刷版）	0743-1546
ISSN（电子版）	2576-2370

会议

会议	54th IEEE Conference on Decision and Control, CDC 2015
国家/地区	日本
市	Osaka
时期	15/12/15 → 18/12/15

联合国可持续发展目标

此成果有助于实现下列可持续发展目标：

可持续发展目标 7 经济适用的清洁能源

访问文件

10.1109/CDC.2015.7403359

其它文件与链接

链接到 Scopus 的出版物

引用此

Wang, D., Kalathil, D., Poolla, K., & Guan, X. (2015). Coordination of wind power and flexible load through demand response options. 在 54rd IEEE Conference on Decision and Control,CDC 2015 (页码 7226-7231). 文章 7403359 (Proceedings of the IEEE Conference on Decision and Control). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/CDC.2015.7403359

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title = "Coordination of wind power and flexible load through demand response options",

abstract = "We explore the value of demand response (DR) for enhancing wind power integration. This value is derived through load curtailment to manage the variability of wind power. It increases the opportunity to use wind power and brings economic benefits to the aggregation of the load serving entity (LSE) and the flexible energy consumer. DR is provided by the flexible load through call options offers to the LSE. A transaction mechanism is designed to incentivize the DR aggregator by an appropriate selection of the strike price. It is shown that the strike price should be chosen to be the true value of lost load. A multi-stage decision-theoretic formulation is presented to model the interaction between the aggregator and two settlement markets. Simulations reveal that the proposed approach reduces the total costs incurred by the LSE.",

keywords = "Electricity supply industry, Load management, Load modeling, Real-time systems, Renewable energy sources, Wind energy, Wind power generation",

author = "Dai Wang and Dileep Kalathil and Kameshwar Poolla and Xiaohong Guan",

note = "Publisher Copyright: {\textcopyright} 2015 IEEE.; 54th IEEE Conference on Decision and Control, CDC 2015 ; Conference date: 15-12-2015 Through 18-12-2015",

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Wang, D, Kalathil, D, Poolla, K & Guan, X 2015, Coordination of wind power and flexible load through demand response options. 在 54rd IEEE Conference on Decision and Control,CDC 2015., 7403359, Proceedings of the IEEE Conference on Decision and Control, Institute of Electrical and Electronics Engineers Inc., 页码 7226-7231, 54th IEEE Conference on Decision and Control, CDC 2015, Osaka, 日本, 15/12/15. https://doi.org/10.1109/CDC.2015.7403359

Coordination of wind power and flexible load through demand response options. / Wang, Dai; Kalathil, Dileep; Poolla, Kameshwar 等.
54rd IEEE Conference on Decision and Control,CDC 2015. Institute of Electrical and Electronics Engineers Inc., 2015. 页码 7226-7231 7403359 (Proceedings of the IEEE Conference on Decision and Control).

科研成果: 书/报告/会议事项章节 › 会议稿件 › 同行评审

TY - GEN

T1 - Coordination of wind power and flexible load through demand response options

AU - Wang, Dai

AU - Kalathil, Dileep

AU - Poolla, Kameshwar

AU - Guan, Xiaohong

PY - 2015/2/8

Y1 - 2015/2/8

N2 - We explore the value of demand response (DR) for enhancing wind power integration. This value is derived through load curtailment to manage the variability of wind power. It increases the opportunity to use wind power and brings economic benefits to the aggregation of the load serving entity (LSE) and the flexible energy consumer. DR is provided by the flexible load through call options offers to the LSE. A transaction mechanism is designed to incentivize the DR aggregator by an appropriate selection of the strike price. It is shown that the strike price should be chosen to be the true value of lost load. A multi-stage decision-theoretic formulation is presented to model the interaction between the aggregator and two settlement markets. Simulations reveal that the proposed approach reduces the total costs incurred by the LSE.

AB - We explore the value of demand response (DR) for enhancing wind power integration. This value is derived through load curtailment to manage the variability of wind power. It increases the opportunity to use wind power and brings economic benefits to the aggregation of the load serving entity (LSE) and the flexible energy consumer. DR is provided by the flexible load through call options offers to the LSE. A transaction mechanism is designed to incentivize the DR aggregator by an appropriate selection of the strike price. It is shown that the strike price should be chosen to be the true value of lost load. A multi-stage decision-theoretic formulation is presented to model the interaction between the aggregator and two settlement markets. Simulations reveal that the proposed approach reduces the total costs incurred by the LSE.

KW - Electricity supply industry

KW - Load management

KW - Load modeling

KW - Real-time systems

KW - Renewable energy sources

KW - Wind energy

KW - Wind power generation

UR - https://www.scopus.com/pages/publications/84962003842

U2 - 10.1109/CDC.2015.7403359

DO - 10.1109/CDC.2015.7403359

M3 - 会议稿件

AN - SCOPUS:84962003842

T3 - Proceedings of the IEEE Conference on Decision and Control

SP - 7226

EP - 7231

BT - 54rd IEEE Conference on Decision and Control,CDC 2015

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 54th IEEE Conference on Decision and Control, CDC 2015

Y2 - 15 December 2015 through 18 December 2015

ER -

Coordination of wind power and flexible load through demand response options

摘要

出版系列

会议

联合国可持续发展目标

访问文件

其它文件与链接

学术指纹

引用此