Rating the Participation of Electricity Consumers in Demand Response Events

Bibliographic Details
Main Author: Silva, Catia
Publication Date: 2020
Other Authors: Faria, Pedro, Vale, Zita
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10400.22/18420
Summary: To successfully enable Demand Response in the energy market, the necessity for modification of the actual business models urges. The authors present innovation from previous works with a method designed to deal with the uncertainty from active consumers in Demand Response events. The proposal has three variations designed to improve the accuracy of the actual response of the consumers in the management of a local community - Basic Rate, Cost Rate and Clustering Rate Methods. The attribution of reliability rates, according to previous Demand Response events (for example, emergency events where a certain target is needed), will decide which consumers are selected for the optimal scheduling. With this, the manager entity possesses valuable information to increase profit, choosing trustworthy consumers. The methods are compared in a case study with 548 DG units and 20,310 small consumers. The results demonstrate the viability of the approach and prove that reliability rates approach is useful to deal with the uncertainty of actual response in DR events.
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spelling Rating the Participation of Electricity Consumers in Demand Response EventsDemand responseEnergy MarketsAggregatorsConsumersRemunerationTo successfully enable Demand Response in the energy market, the necessity for modification of the actual business models urges. The authors present innovation from previous works with a method designed to deal with the uncertainty from active consumers in Demand Response events. The proposal has three variations designed to improve the accuracy of the actual response of the consumers in the management of a local community - Basic Rate, Cost Rate and Clustering Rate Methods. The attribution of reliability rates, according to previous Demand Response events (for example, emergency events where a certain target is needed), will decide which consumers are selected for the optimal scheduling. With this, the manager entity possesses valuable information to increase profit, choosing trustworthy consumers. The methods are compared in a case study with 548 DG units and 20,310 small consumers. The results demonstrate the viability of the approach and prove that reliability rates approach is useful to deal with the uncertainty of actual response in DR events.IEEEREPOSITÓRIO P.PORTOSilva, CatiaFaria, PedroVale, Zita2021-09-17T15:09:40Z20202020-01-01T00:00:00Zconference objectinfo:eu-repo/semantics/publishedVersionapplication/pdfhttp://hdl.handle.net/10400.22/18420eng10.1109/EEM49802.2020.9221907info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-04-02T03:19:49Zoai:recipp.ipp.pt:10400.22/18420Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T00:51:59.588777Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Rating the Participation of Electricity Consumers in Demand Response Events
title Rating the Participation of Electricity Consumers in Demand Response Events
spellingShingle Rating the Participation of Electricity Consumers in Demand Response Events
Silva, Catia
Demand response
Energy Markets
Aggregators
Consumers
Remuneration
title_short Rating the Participation of Electricity Consumers in Demand Response Events
title_full Rating the Participation of Electricity Consumers in Demand Response Events
title_fullStr Rating the Participation of Electricity Consumers in Demand Response Events
title_full_unstemmed Rating the Participation of Electricity Consumers in Demand Response Events
title_sort Rating the Participation of Electricity Consumers in Demand Response Events
author Silva, Catia
author_facet Silva, Catia
Faria, Pedro
Vale, Zita
author_role author
author2 Faria, Pedro
Vale, Zita
author2_role author
author
dc.contributor.none.fl_str_mv REPOSITÓRIO P.PORTO
dc.contributor.author.fl_str_mv Silva, Catia
Faria, Pedro
Vale, Zita
dc.subject.por.fl_str_mv Demand response
Energy Markets
Aggregators
Consumers
Remuneration
topic Demand response
Energy Markets
Aggregators
Consumers
Remuneration
description To successfully enable Demand Response in the energy market, the necessity for modification of the actual business models urges. The authors present innovation from previous works with a method designed to deal with the uncertainty from active consumers in Demand Response events. The proposal has three variations designed to improve the accuracy of the actual response of the consumers in the management of a local community - Basic Rate, Cost Rate and Clustering Rate Methods. The attribution of reliability rates, according to previous Demand Response events (for example, emergency events where a certain target is needed), will decide which consumers are selected for the optimal scheduling. With this, the manager entity possesses valuable information to increase profit, choosing trustworthy consumers. The methods are compared in a case study with 548 DG units and 20,310 small consumers. The results demonstrate the viability of the approach and prove that reliability rates approach is useful to deal with the uncertainty of actual response in DR events.
publishDate 2020
dc.date.none.fl_str_mv 2020
2020-01-01T00:00:00Z
2021-09-17T15:09:40Z
dc.type.driver.fl_str_mv conference object
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.22/18420
url http://hdl.handle.net/10400.22/18420
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1109/EEM49802.2020.9221907
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv IEEE
publisher.none.fl_str_mv IEEE
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