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Abstract
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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
Submitted: 2011 September, 29
Accepted: 2011 October, 23
Published: 2012 April, 01 |
Abstract:
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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.
Key words: Demand response programs, elasticity, real-time pricing programs, , , ,
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Cite this Reference:
Shoorangiz Shams Shamsabad Farahani, Mohammad Bigdeli Tabar, Hossein Tourang, Behrang Yousefpour and Mojtaba Kabirian, . Real-Time Pricing DR Programs Evaluation Based on Power Model in Electricity Markets. Research Journal of Applied Sciences, Engineering and Technology, (07): 764-767.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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