DocumentCode
1719908
Title
Improving the efficiency of a hydro-thermal power system utilizing demand-side flexibility
Author
Meng Song ; Amelin, Mikael
Author_Institution
Dept. of Electr. Power Syst., R. Inst. of Technol., Stockholm, Sweden
fYear
2015
Firstpage
1
Lastpage
5
Abstract
Demand response has been identified as a solution to achieve more effective markets and facilitate the integration of more intermittent generations. This paper develops a model to estimate the influence of the potential demand-side flexibility on power generation systems. A case study shows that the exploitation of consumers´ flexibility would lead to a reduction in total generation cost through the more efficient dispatch of generation resources. When the penetration of wind and solar power increases, the demand-side flexibility could enable a better utilization of these nondispatchable generation sources.
Keywords
cost reduction; demand side management; hydrothermal power systems; power generation dispatch; power generation economics; demand response; demand-side flexibility; generation cost reduction; generation resources dispatch; hydro-thermal power system; power generation systems; Load management; Load modeling; Power systems; Production; Wind; Wind power generation; Demand-side flexibility; generation cost; intermittent generation; load shift;
fLanguage
English
Publisher
ieee
Conference_Titel
European Energy Market (EEM), 2015 12th International Conference on the
Conference_Location
Lisbon
Type
conf
DOI
10.1109/EEM.2015.7216687
Filename
7216687
Link To Document