The role of incentive based Demand Response programs in smart grid

Author

Khajavi, P. ; Abniki, H. ; Arani, A.B.

Author_Institution

Monenco Iran Consulting Eng., Tehran, Iran

fYear

2011

Firstpage

1

Lastpage

4

Abstract

Smart Grid promises the highest efficiency in the history of electrical energy and one of its key components is Demand Response (DR). Incentive based programs however would have a different path in smart grid and their usage would be different in this new environment. In this paper, incentive based DR programs are briefly introduced, smart grid is presented and the influence of smart grid on incentive based DR programs is described considering the effect of Real Time Pricing (RTP). Finally, an existing model has been upgraded in order to analyze incentive based programs in smart grid. Eventually the influence of a typical demand bidding program is simulated on the load curve of a day in smart grid in the presence of RTP program.

Keywords

energy conservation; power system economics; smart power grids; RTP program; demand bidding program; electrical energy efficiency; incentive based demand response program; real time pricing program; smart grid; Elasticity; Electricity; ISO; Load management; Load modeling; Real time systems; Smart grids; Demand bidding; Demand response; Incentive based programs; Smart grid;

fLanguage

English

Publisher

ieee

Conference_Titel

Environment and Electrical Engineering (EEEIC), 2011 10th International Conference on

Conference_Location

Rome

Print_ISBN

978-1-4244-8779-0

Type

conf

DOI

10.1109/EEEIC.2011.5874702

Filename

5874702