TY - GEN
T1 - Integrating Demand Response Aggregators with Negawatt Trading Mechanisms in Electricity Markets
AU - Algarni, Abdullah
AU - Namerikawa, Toru
N1 - Funding Information:
This work is partially supported by the National Science Foundation (NSF) under Award ECCS 1608898.
Publisher Copyright:
© 2019 IEEE.
PY - 2019/10
Y1 - 2019/10
N2 - In this paper, we propose a distributed power supply-demand management mechanism in a real-time market by utilizing various resources including demand reduction, balancing generators, and power flow changes. The proposed method aims to minimize the cost of balancing the supply with the demand. We simulate the results on the IEEJ EAST 30-machine system with four connected areas. The results show the feasibility of the proposed method and the establishment of a relationship between the demand response (DR) aggregator and the independent system operator (ISO).
AB - In this paper, we propose a distributed power supply-demand management mechanism in a real-time market by utilizing various resources including demand reduction, balancing generators, and power flow changes. The proposed method aims to minimize the cost of balancing the supply with the demand. We simulate the results on the IEEJ EAST 30-machine system with four connected areas. The results show the feasibility of the proposed method and the establishment of a relationship between the demand response (DR) aggregator and the independent system operator (ISO).
KW - Aggregator
KW - Smart Grid
KW - demand response
KW - negawatts
KW - power flow
KW - renewable generators
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U2 - 10.1109/NAPS46351.2019.9000203
DO - 10.1109/NAPS46351.2019.9000203
M3 - Conference contribution
AN - SCOPUS:85080871898
T3 - 51st North American Power Symposium, NAPS 2019
BT - 51st North American Power Symposium, NAPS 2019
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 51st North American Power Symposium, NAPS 2019
Y2 - 13 October 2019 through 15 October 2019
ER -