Cart (Loading....) | Create Account
Close category search window
 

Demand response and its sensitivity to participation rates and elasticities

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

4 Author(s)
Dietrich, K. ; ICAI Sch. of Eng., Comillas Pontifical Univ., Madrid, Spain ; Latorre, J.M. ; Olmos, L. ; Ramos, A.

Activating the demand-side of the electric system is a comeback of an old idea. What decades ago did not work out due to the lack of proper technology, today raises hopes to meliorate some of the most problematic situations in electric system operation such as ever higher peak demands and high wind generation during low demand periods. Smart grid infrastructures are currently implemented in many countries. This communication and control infrastructure allows consumers to receive information on system conditions, for example in the form of price signals, and thus to react to these and reduce, increase or shift their electricity consumption. This paper presents the modelling of demand shifting with two Demand Response mechanisms, Direct Load Control and Dynamic pricing. The outcome of both mechanisms depends, to a great extent, on two parameters: the maximum share of load which consumers are able and willing to shift and the elasticities used to express consumer's level of responsiveness in the dynamic pricing mechanism. An analysis of the sensitivity of the impact of Demand Response is carried out by varying these two parameters over a large range. Results regarding demand participation shares, cost savings, demand variation patterns and used generation technologies are compared for the different sensitivity cases. We find that cost saving increases are not proportional to increments in the maximum share of participating demand and in responsiveness to prices.

Published in:

Energy Market (EEM), 2011 8th International Conference on the European

Date of Conference:

25-27 May 2011

Need Help?


IEEE Advancing Technology for Humanity About IEEE Xplore | Contact | Help | Terms of Use | Nondiscrimination Policy | Site Map | Privacy & Opting Out of Cookies

A not-for-profit organization, IEEE is the world's largest professional association for the advancement of technology.
© Copyright 2014 IEEE - All rights reserved. Use of this web site signifies your agreement to the terms and conditions.