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• W1558084149 abstract "Because of potential benefits of demand-side management (DSM) at operation and economic levels, DSM is introduced as the first choice in all energy policy decisions. Under deregulation, DSM programs have been expanded to include demand response programs (DRPs). In the present study, in order to investigate and utilize the reliability-driven and market-driven measures of demand response, a model of risk-cost-based unit commitment (UC) problem mixed with demand-side resources (DSRs), that is, UCDSRs model considering economic model of responsive loads, is presented. In this study, the economic model of responsive load is derived on the basis of price elasticity of demand and consumers' surplus function. The proposed method is intelligently applied on a test power system to determine the optimal scheme for implementing DRPs, the optimal commitment status of units, the optimal risk level of system, the modified demand level of system, and the minimum total cost of system. Copyright © 2014 John Wiley & Sons, Ltd." @default.
• W1558084149 created "2016-06-24" @default.
• W1558084149 creator A5060558756 @default.
• W1558084149 date "2014-02-15" @default.
• W1558084149 modified "2023-09-26" @default.
• W1558084149 title "Risk-cost-based generation scheduling smartly mixed with reliability-driven and market-driven demand response measures" @default.
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• W1558084149 doi "https://doi.org/10.1002/etep.1884" @default.
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