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Erschienen in:
How to Manage the Complexity of the Grid? Kapitel lesen Erstes Kapitel lesen

2018 | OriginalPaper | Buchkapitel

Risk-Aware Demand Management of Aggregators Participating in Energy Programs with Utilities

verfasst von : William D. Heavlin, Ana Radovanović, Varun Gupta, Seungil You

Erschienen in: Energy Markets and Responsive Grids

Verlag: Springer New York

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Abstract

Electric utilities typically offer demand-side management (DSM) programs in order to reduce peak demand and to shift supply risks. These same programs engender a new business model, that of the energy aggregators. Energy aggregators seek to harvest the DSM incentives by strategically deferring the loads under their control. Examples of deferrable loads are electric vehicles (EVs) and heating, ventilation, and air-conditioning (HVAC) systems. To choose appropriately from a utility’s menu of programs, the aggregator must forecast both temperature and load and should also estimate the uncertainties associated with these forecasts. Further, the aggregator can work to mitigate these uncertainties by managing flexible loads under their control.
We propose a formulation that unifies the various kinds of deferrable loads and explicitly balances the trade-off between user discomfort and monetary costs. Our main contribution comes from incorporating the uncertainty of temperature and load forecasts into the optimal choice of DSM program selection.

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Vorheriges Kapitel Disaggregating Load by Type from Distribution System Measurements in Real Time
Nächstes Kapitel Toward Resilience-Aware Resource Allocation and Dispatch in Electricity Distribution Networks
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Metadaten
Titel
Risk-Aware Demand Management of Aggregators Participating in Energy Programs with Utilities
verfasst von
William D. Heavlin
Ana Radovanović
Varun Gupta
Seungil You
Copyright-Jahr
2018
Verlag
Springer New York
Buch
Energy Markets and Responsive Grids

Print ISBN: 978-1-4939-7821-2

Electronic ISBN: 978-1-4939-7822-9

Copyright-Jahr: 2018

DOI
https://doi.org/10.1007/978-1-4939-7822-9_18

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