How will demand response aggregators affect electricity markets? — A Cournot game analysis

作者: Chen Chen , Shalinee Kishore , Zhifang Wang , Mahnoosh Alizadeh , Anna Scaglione

DOI: 10.1109/ISCCSP.2012.6217839

关键词:

摘要: The future electricity grid will include greater and more sophisticated demand side participation. Favored by recent rulings the Federal Energy Regulatory Commission (FERC), Demand Response (DR) aggregators can combine load requests from a large consumer base provide modifications that be compensated in wholesale market at price. This paper examines effects of including Green Management System (GEMS), program take advantage operational flexibility certain types loads to shape profile. Adopting Cournot game model, we give equilibrium analysis incorporating GEMS as DR aggregator. players traditional generators, GEMS, Independent Operator (ISO). We generalized forms optimality conditions for each these show under conditions, exists is unique. Our numerical results indicate inclusion within power network reduces average price saves money customers.

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