An experiment in real time pricing for control of electric thermal storage systems

Author

Daryanian, Bahan ; Bohn, Roger E. ; Tabors, Richard D.

Author_Institution

Tabors Caramanis & Associates, Cambridge, MA, USA

Volume

6

Issue

4

fYear

1991

fDate

11/1/1991 12:00:00 AM

Firstpage

1356

Lastpage

1365

Abstract

The authors present the results of an experiment designed to test the economic benefits of real-time pricing (RTP) used to schedule electric thermal storage (ETS) systems in a New York utility´s service territory during the winter of 1989-1990. Three customers with EST systems were placed on an experimental RTP rate for their heating load only. A complete automated RTP-based control system was designed and retrofitted in place of the existing time-of-use (TOU)-based control system. The design, development, and implementation of the experimental RTP rate, customer response algorithms, and the energy management systems are described. Costs to the utility of the provision of service went down by about 10% beyond savings achieved under the TOU-based control system for a system with no storage

Keywords

power system computer control; real-time systems; tariffs; thermal energy storage; New York Utility; control system; customer response algorithms; electric thermal storage systems; energy management systems; real-time pricing; savings; Algorithm design and analysis; Automatic control; Control systems; Costs; Energy management; Heating; Power generation economics; Pricing; Real time systems; System testing;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.116976

Filename

116976