2017
DOI: 10.3390/en10101537
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Data-Driven Optimization of Incentive-based Demand Response System with Uncertain Responses of Customers

Abstract: Abstract:Demand response is nowadays considered as another type of generator, beyond just a simple peak reduction mechanism. A demand response service provider (DRSP) can, through its subcontracts with many energy customers, virtually generate electricity with actual load reduction. However, in this type of virtual generator, the amount of load reduction includes inevitable uncertainty, because it consists of a very large number of independent energy customers. While they may reduce energy today, they might no… Show more

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Cited by 9 publications
(9 citation statements)
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References 47 publications
(57 reference statements)
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“…The DSRP also distributes incentives to its customers, exclusive of the commission (ⓒ). More details on the structure of the considered demand response system can be found in the literature [4,5]. Other price-based models such as time of use (TOU) [6], critical peak pricing (CPP) [7], and real time pricing (RTP) [8] are not considered here because the incentive-based system is more common and widespread in real applications; moreover, the real data we acquired are from incentive-based demand response systems.…”
Section: Introductionmentioning
confidence: 99%
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“…The DSRP also distributes incentives to its customers, exclusive of the commission (ⓒ). More details on the structure of the considered demand response system can be found in the literature [4,5]. Other price-based models such as time of use (TOU) [6], critical peak pricing (CPP) [7], and real time pricing (RTP) [8] are not considered here because the incentive-based system is more common and widespread in real applications; moreover, the real data we acquired are from incentive-based demand response systems.…”
Section: Introductionmentioning
confidence: 99%
“…However, in current and emerging demand response systems, this assumption is no longer valid. Rather, the actual load reductions of customers Energies 2018, 11,2905 3 of 14 are highly uncertain [4]. A customer who provided a reduction of 10 kWh one day might provide only 1 kWh another day.…”
Section: Introductionmentioning
confidence: 99%
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