A production costing methodology for evaluation of direct load control

Author

Salehfar, H. ; Patton, A.D.

Author_Institution

Electr. Power. Inst., Texas A&M Univ., College Station, TX, USA

Volume

6

Issue

1

fYear

1991

fDate

2/1/1991 12:00:00 AM

Firstpage

278

Lastpage

284

Abstract

Direct load control (DLC) is a form of load management in which portions of the system load are under the direct operational control of the utility. Thus, the load can be modified, within limits, to match the available generating capacity, thereby minimizing events of uncontrolled load loss. It is shown that operating cost reductions produced by exogeneous models of DLC are different from those produced by dynamic models of DLC. The dynamics of DLC and an equal incremental cost scheme are described and then coupled with a Monte Carlo simulation model of the operation of thermal-based electric utilities. Various production cost measures produced by exogeneous and dynamic models of DLC are presented and discussed

Keywords

Monte Carlo methods; economics; load regulation; power systems; DLC; Monte Carlo simulation; available generating capacity; direct load control; dynamic models; exogeneous models; incremental cost scheme; load management; production costing; thermal-based electric utilities; uncontrolled load loss; Costing; Costs; Environmental economics; Fuel economy; Load flow control; Load management; Power generation economics; Power system modeling; Power system reliability; Production;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.131073

Filename

131073