Abstract
We present a stochastic unit commitment model for assessing the impacts of the large-scale integration of renewable energy sources and deferrable demand in power systems in terms of reserve requirements. We analyze three demand response paradigms for assessing the benefits of demand flexibility: the centralized co-optimization of generation and demand by the system operator, demand bids and the coupling of renewable resources with deferrable loads. We motivate coupling as an alternative for overcoming the drawbacks of the two alternative demand response options and we present a dynamic programming algorithm for coordinating deferrable demand with renewable supply. We present simulation results for a model of the Western Electricity Coordinating Council.
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