Economic effect of demand response programs on coupled active/reactive market prices in deregulated electricity markets

Author

Peikherfeh, M. ; Sheikh-El-Eslami, Mohammad Kazem ; Seifi, H. ; Namdari, A.

Author_Institution

Dept. of Comput. & Electr. Eng., Tarbiat Modares Univ., Tehran, Iran

fYear

2010

fDate

23-25 June 2010

Firstpage

1

Lastpage

6

Abstract

In this paper economic effect of demand response programs on coupled active/reactive market prices in deregulated electricity markets has been presented. The main objective of the proposed coupled active/reactive power dispatch model is to minimize the total payment burden on the Independent System Operator (ISO). Optimal location and amount of DR has been determined by the modified optimal power flow program. The proposed method is evaluated by numerical studies based on IEEE 39-bus test system.

Keywords

load flow; power markets; power system economics; pricing; reactive power; IEEE 39-bus test system; Independent System Operator; coupled active-reactive market prices; coupled active-reactive power dispatch model; demand response programs; deregulated electricity markets; economic effect; modified optimal power flow program; Biological system modeling; Generators; Lead; Neodymium; Numerical models; Propagation losses; Ancillary Services; Coupled Active/Reactive Dispatch Model; Demand Response(DR); Optimal Power Flow (OPF); Voltage Control;

fLanguage

English

Publisher

ieee

Conference_Titel

Energy Market (EEM), 2010 7th International Conference on the European

Conference_Location

Madrid

Print_ISBN

978-1-4244-6838-6

Type

conf

DOI

10.1109/EEM.2010.5558753

Filename

5558753