Effects of demand response on retail and wholesale power markets

Author

Chassin, D.P. ; Kalsi, K.

Author_Institution

Pacific Northwest Nat. Lab. in Richland, WA, USA

fYear

2012

fDate

22-26 July 2012

Firstpage

1

Lastpage

7

Abstract

Demand response has grown to be a part of the repertoire of resources used by utilities to manage the balance between generation and load. In recent years, advances in communications and control technology have enabled utilities to consider continuously controlling demand response to meet generation, rather than the other way around. This paper discusses the economic applications of a general method for load resource analysis that parallels the approach used to analyze generation resources and uses the method to examine the results of the US Department of Energy´s Olympic Peninsula Demonstration Testbed. A market-based closed-loop system of controllable assets is discussed with necessary and sufficient conditions on system controllability, observability and stability derived.

Keywords

power markets; power system control; power system economics; power system stability; US Department of Energy Olympic Peninsula Demonstration Testbed; communication technology; control technology; controllable assets; demand response effect; economic applications; load resource analysis; market-based closed-loop system; system controllability; system observability; system stability; wholesale power markets; Control systems; Frequency control; Frequency domain analysis; Load flow control; Load management; Load modeling; Real-time systems; demand response; economic dispatch; load management; load modeling; load shedding; power system control; wind power generation;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2012 IEEE

Conference_Location

San Diego, CA

ISSN

1944-9925

Print_ISBN

978-1-4673-2727-5

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PESGM.2012.6345602

Filename

6345602