Tracking Equilibrium Point Under Real-Time Price-Based Residential Demand Response

被引:19
作者
Ding, Tao [1 ]
Qu, Ming [1 ]
Amjady, Nima [2 ]
Wang, Fengyu [3 ]
Bo, Rui [4 ]
Shahidehpour, Mohammad [5 ]
机构
[1] Xi An Jiao Tong Univ, Dept Elect Engn, Xian 710049, Shaanxi, Peoples R China
[2] Semnan Univ, Dept Elect Engn, Semnan 35195363, Iran
[3] Market Design & Dev, Carmel, IN 46032 USA
[4] Missouri Univ Sci & Technol, Dept Elect & Comp Engn, Rolla, MO 65409 USA
[5] ECE Dept, IIT, Chicago, IL 60616 USA
基金
中国国家自然科学基金; 中国博士后科学基金;
关键词
Load modeling; Generators; Real-time systems; Load management; Mathematical model; Electricity supply industry; Electrical engineering; Security constrained economic dispatch~(SCED); demand response; locational marginal price (LMP); equilibrium point; bi-level optimization;
D O I
10.1109/TSG.2020.3040084
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
This letter proposes a model for tracking the equilibrium point of the real-time locational marginal price (LMP) based residential demand response program, where elastic demand is modeled as a monotonously decreasing linear function of the LMP. The resulting bi-level model contains both primary and dual variables, making it difficult to solve. Using duality, the dual model is formulated as a convex quadratic problem which is tractable to solve and find the global optimum. Furthermore, the condition for the existence of the equilibrium point is given. Numerical results on the IEEE 30-bus system verifies the effectiveness of the demand response model.
引用
收藏
页码:2736 / 2740
页数:5
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