Title :
Economic effect of demand response programs on coupled active/reactive market prices in deregulated electricity markets
Author :
Peikherfeh, M. ; Sheikh-El-Eslami, Mohammad Kazem ; Seifi, H. ; Namdari, A.
Author_Institution :
Dept. of Comput. & Electr. Eng., Tarbiat Modares Univ., Tehran, Iran
Abstract :
In this paper economic effect of demand response programs on coupled active/reactive market prices in deregulated electricity markets has been presented. The main objective of the proposed coupled active/reactive power dispatch model is to minimize the total payment burden on the Independent System Operator (ISO). Optimal location and amount of DR has been determined by the modified optimal power flow program. The proposed method is evaluated by numerical studies based on IEEE 39-bus test system.
Keywords :
load flow; power markets; power system economics; pricing; reactive power; IEEE 39-bus test system; Independent System Operator; coupled active-reactive market prices; coupled active-reactive power dispatch model; demand response programs; deregulated electricity markets; economic effect; modified optimal power flow program; Biological system modeling; Generators; Lead; Neodymium; Numerical models; Propagation losses; Ancillary Services; Coupled Active/Reactive Dispatch Model; Demand Response(DR); Optimal Power Flow (OPF); Voltage Control;
Conference_Titel :
Energy Market (EEM), 2010 7th International Conference on the European
Conference_Location :
Madrid
Print_ISBN :
978-1-4244-6838-6
DOI :
10.1109/EEM.2010.5558753
