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Title: The study of demand response programs for economic dispatch in multiple time steps
Authors: Eynon, Rachael
Keywords: DRNTU::Engineering::Electrical and electronic engineering::Electric power::Auxiliaries, applications and electric industries
Issue Date: 2018
Abstract: This project investigates the application of Demand Response (DR) within an electricity market model. Many existing studies make use of piecewise linear curve fitting for a simplified representation of demand and supply bids in the network. By using quadratic generator cost functions and consumer benefit functions, an accurate market model incorporating demand response can be developed. This report presents an evaluation of the effectiveness of demand response within the market model and quantifies the savings that can be made.
Schools: School of Electrical and Electronic Engineering 
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:EEE Student Reports (FYP/IA/PA/PI)

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