Isgt 2011 2011
DOI: 10.1109/isgt.2011.6165483
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Integration of demand response and renewable resources for power generation management

Abstract: A single-period optimal dispatching problem is considered for a network of energy utilities connected via multiple transmission lines, where we seek to find the lowest operationalcost dispatching of various energy sources to satisfy demand. Our model includes traditional thermal resources and renewable energy resources available generation capabilities within the grid.A key novel addition is the consideration of demand reduction as a virtual generation source that can be dispatched quickly to hedge against the… Show more

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Cited by 14 publications
(5 citation statements)
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References 14 publications
(16 reference statements)
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“…In MGs, load control is optimized by achieving the concept of mutual operation of available DGs [268,269]. The integration of optimization techniques with DR can result in system stability and maximizing economic benefits with the help of mathematical mechanisms [270,271].…”
Section: Intelligent Algorithmsmentioning
confidence: 99%
“…In MGs, load control is optimized by achieving the concept of mutual operation of available DGs [268,269]. The integration of optimization techniques with DR can result in system stability and maximizing economic benefits with the help of mathematical mechanisms [270,271].…”
Section: Intelligent Algorithmsmentioning
confidence: 99%
“…Its application in DR programs can maximize the economic benefits for participants and minimize the risks of instability in the system through mathematical mechanisms [96,127]. Table 7 assembles the research on DR and its optimization.…”
Section: Optimizationmentioning
confidence: 99%
“…The stochastic ED can be solved by imposing a set of risk constraints, in the form of chance constraints in Fu and McCalley (2001) or mean-excess constraints in Ghosh et al (2011), to balance risk of shortfalls due to uncertain generation against cost of provisioning corrective generation sources such as peakers. The stochastic ED can be solved by imposing a set of risk constraints, in the form of chance constraints in Fu and McCalley (2001) or mean-excess constraints in Ghosh et al (2011), to balance risk of shortfalls due to uncertain generation against cost of provisioning corrective generation sources such as peakers.…”
Section: Economic Dispatch With Renewable Resourcesmentioning
confidence: 99%