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Title Effects of elasticity parameter definition for real-time pricing remuneration considering different user types
ID_Doc 16030
Authors Corsi, P; Faria, P; Vale, Z
Title Effects of elasticity parameter definition for real-time pricing remuneration considering different user types
Year 2020
Published
DOI 10.1016/j.egyr.2019.08.030
Abstract In the last decade Demand Response (DR) programs have been influencing loads' profiles of electric users who participate in these programs. The evolution of the simulations able to study them brought to the possibility of defining new models that can consider power consumption profiles for different types of user (MAT, AT, MT, BTE, BTN-2, BTN-1) but, in order to better match consumption and production energy curves, highly precise predictions of loads' profiles are still needed. This goal can be achieved also thanks to the study of the price elasticity factor. A way to obtain it will be examined in this paper: price and power absorption variations will be considered because it is defined as the ratio of their relative variations before and after DR. This work focuses on the profiles of price variations Delta P with respect to the absorbed power variation Delta Q: users indeed are expected to vary their consumptions according to different values of remunerations. Moreover, different ranges of elasticities have been evaluated in order to study the behavior of Delta P profiles for the more representing users. Finally, effects of a wrong interpolation have been discussed in order to see their consequences on the actual available power. (C) 2019 Published by Elsevier Ltd.
Author Keywords Demand response; Elasticity definition; Power profiles interpolations
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI); Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:000518455400020
WoS Category Energy & Fuels
Research Area Energy & Fuels
PDF https://doi.org/10.1016/j.egyr.2019.08.030
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