Title :
Innovative developments in load as a reliability resource
Author :
Eto, J. ; Goldman, C. ; Heffner, G. ; Kirby, B. ; Kueck, J. ; Kintner-Meyer, M. ; Dagle, J. ; Mount, T. ; Schultze, W. ; Thomas, R. ; Zimmerman, R.
Abstract :
This paper reports on work the Consortium for Electric Reliability Technology Solutions (CERTS) has been pursuing to hasten the arrival of meaningful load participation in competitive electricity markets. The activities include: experimental economic analysis of the effect of price responsive load in reducing market prices and price volatility; assessments of emerging demand response programs and technologies for enabling customer participation in electricity markets, and demonstrations of load in providing ancillary services (notably, spinning reserve).
Keywords :
costing; electricity supply industry; load regulation; power system control; power system economics; power system reliability; tariffs; Consortium for Electric Reliability Technology Solutions; ancillary services; competitive electricity markets; customer participation; demand response programs; demand response technologies; economic analysis; load participation; market prices; price responsive load; price volatility; spinning reserve; Acceleration; Electricity supply industry; Electricity supply industry deregulation; Energy efficiency; Load flow control; Load management; Power generation economics; Predictive models; Renewable energy resources; Spinning;
Conference_Titel :
Power Engineering Society Winter Meeting, 2002. IEEE
Print_ISBN :
0-7803-7322-7
DOI :
10.1109/PESW.2002.985158