A Market Clearing Model with Demand Response Program of Self-Reported Baseline Mechanism
ID:245 View Protection:ATTENDEE Updated Time:2020-10-15 20:29:36 Hits:833 Oral Presentation

Start Time:2020-11-02 15:00(Asia/Shanghai)

Duration:15min

Session:A Power System » A1Session 1 and Session 6

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Abstract
Demand response (DR) programs are potentially powerful tools to support renewable energy integration, ensure power balance and update electricity market mechanism in China. Based on the existing work, we propose a day-ahead market clearing model with the DR program of self-reported baseline mechanism in this paper. The proposed day-ahead market clearing model aims to minimize the operating cost under security constraints, yielding the optimal units’ states and power outputs. Two types of consumers, i.e., instant load and shiftable load, are considered in such model. An IEEE 14-bus system is used as an illustrative example and a simplified Shandong province system is used to validate the application of proposed market clearing model in the real large system.
Keywords
Spot Market,Market Clearing,Demand response (DR)
Speaker
li Yao
State Grid Energy Research Institute

Submission Author
Wanlei Xue State Grid Shandong Electric Power Company Economic and Technology Research Institute
li Yao State Grid Energy Research Institute
Baoguo Shan State Grid Energy Research Institute
Yongqi Yang State Grid Shandong Electric Power Company Economic and Technology Research Institute
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Important Date
  • Conference Date

    Nov 02

    2020

    to

    Nov 04

    2020

  • Oct 27 2020

    Draft paper submission deadline

  • Nov 03 2020

    Contribution Submission Deadline

  • Nov 04 2020

    Registration deadline

  • Nov 17 2020

    Final Paper Deadline

Sponsored By
IEEE IAS Student Chapter of Huazhong University of Science and Technology (HUST)
Organized By
Huazhong University of Science and Technology
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