Abstract

Large-scale wind power integration brings great challenges to power system operation. The use of large-scale wind power in the electricity market has become a concern for many researchers. Demand response (DR) and energy storage systems (ESSs) play crucial roles in the consumption of large-scale wind power. In this paper, a detailed DR model is established, including price-based demand response (PBDR) and incentive-based demand response (IBDR). IBDR contains load shifting (LS) and load curtailment (LC). The IBDR model in this study not only includes its bidding and market clearing but also contains relevant constraints: maximum/minimum duration time, shifting/curtailment gap time, and shifting/curtailment frequency. A two-stage trading method, including a day-ahead (DA) market and a real-time (RT) market, is proposed. The method contains various market participants: conventional units (CUs), rapid adjustment units (RAUs), wind power, ESS, and multiple types of DR. The roles and economic benefits of various market participants in the consumption of large-scale wind power are analyzed in an IEEE 30 bus system, verifying the accuracy and validity of the model. The best DR scale and the suggestions of ESS are given. The results show that the proposed method can effectively utilize wind power and decrease system costs.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.