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2012 (Vol. 4, Issue: 07)
Article Information:

Real-Time Pricing DR Programs Evaluation Based on Power Model in Electricity Markets

Shoorangiz Shams Shamsabad Farahani, Mohammad Bigdeli Tabar, Hossein Tourang, Behrang Yousefpour and Mojtaba Kabirian
Corresponding Author:  shorangiz farahani 

Key words:  Demand response programs, elasticity, real-time pricing programs, , , ,
Vol. 4 , (07): 764-767
Submitted Accepted Published
2011 September, 29 2011 October, 23 2012 April, 01
Abstract:

Along with developing Demand Response Programs (DRPs), suitable chances have been created to take part the demand-side in electricity markets. The results of such programs are improvement of some technical and economical characteristic of power system. DRPs are divided into two categories which are priced-based and incentive-based demand response programs. This paper presents the application of power modeling for Real-Time Pricing programs (RTP) as most prevalent priced-based DRPs. the nonlinear behavioral characteristic of elastic loads is considered which causes to more realistic modeling of demand response to RTP rates. In order to evaluation of proposed model, the impact of running RTP programs using proposed power model on load profile of the peak day of the Iranian power system in 2007 is investigated.
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  Cite this Reference:
Shoorangiz Shams Shamsabad Farahani, Mohammad Bigdeli Tabar, Hossein Tourang, Behrang Yousefpour and Mojtaba Kabirian, 2012. Real-Time Pricing DR Programs Evaluation Based on Power Model in Electricity Markets.  Research Journal of Applied Sciences, Engineering and Technology, 4(07): 764-767.
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ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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