2018
DOI: 10.1016/j.energy.2018.05.034
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A novel approach to multi energy system operation in response to DR programs; an application to incentive-based and time-based schemes

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Cited by 41 publications
(15 citation statements)
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“…DR programs can be classified by financial schemes. DR aggregators can remunerate DR events to end-users with Incentive Based Programs (IBP) or Price Based Programs (PBP) (Aghamohamadi et al 2018;Albadi and El-Saadany 2008). The difference between PBP and IBP is that in the latter one, end users get a financial benefit or a price reduction due to their affiliation to the scheme.…”
Section: Dr Objective and Programsmentioning
confidence: 99%
See 1 more Smart Citation
“…DR programs can be classified by financial schemes. DR aggregators can remunerate DR events to end-users with Incentive Based Programs (IBP) or Price Based Programs (PBP) (Aghamohamadi et al 2018;Albadi and El-Saadany 2008). The difference between PBP and IBP is that in the latter one, end users get a financial benefit or a price reduction due to their affiliation to the scheme.…”
Section: Dr Objective and Programsmentioning
confidence: 99%
“…On the other side, operators such as TSOs can increase the efficiency of the market, reducing the volatility and the use of peak generators (Albadi and El-Saadany 2008). Moreover, from a broad market perspective, DR programs can reduce the electricity price increasing the capacity of the system (Aghamohamadi et al 2018;Braithwait and Eakin 2002). Such benefits also defer grid reinforcement, reducing the running costs and improving the market efficiency (Paterakis et al 2017;Qdr 2006).…”
Section: Summary Of Dr Benefitsmentioning
confidence: 99%
“…At generation level, DR programs can be a more e cient and cost-e↵ective way to manage peak load periods, limiting the use of expensive peak generators [14,20]. This could produce an overall reduction of the carbon footprint of the power grid and lead to a reduction of electricity price [21,22]. DR programs also enhance the reliability of the power grid due to the dynamic demand curtailment, reducing the risk of outages and transmission strains.…”
Section: Benefits From Dr Programsmentioning
confidence: 99%
“…DR programs are classified in di↵erent categories which are usually based on an underlying financial scheme. In fact, DR events are remunerated to the end user by the TSO or DR aggregators based on Price Base Program (PBP) or Incentive Base Program (IBP) [21,33]. In the IBP, end users receive a credit or a bill discount because of their participation in the program.…”
Section: Classification and Schemesmentioning
confidence: 99%
“…Because of the successful implementation of DR in the power system, some farsighted scholars introduced it into an MECS to study their interaction. Three scenarios were conducted-PBDR programs (TOU, CPP, and TOU and CPP), IBDR programs (EDRP and CAP) and a combination between the PBDR and IBDR programs (TOU and CAP)-to simultaneously minimize EH operation cost and maximize customer benefit, according to [27]. In [28], an RTP model was developed that was calculated by the predicted electricity demand and TOU pricing, and it was implemented in a micro energy grid which was described by the EH concept.…”
Section: Introductionmentioning
confidence: 99%