NDLI: A SCUC-based approach to determine time-of-use tariffs

Content Provider	IEEE Xplore Digital Library
Author	Mozafari, B. Bashirvand, M. Nikzad, M. Solaymani, S.
Copyright Year	2012
Description	Author affiliation: Department of Electrical and Computer Engineering, Science and Research Branch, Islamic Azad University, Tehran, Iran (Mozafari, B.; Bashirvand, M.; Nikzad, M.; Solaymani, S.)
Abstract	Nowadays, there are several demand response (DR) programs which are offered to electricity customers in different countries. Accordingly system operators are usually facing with appropriate designing and pricing of DR programs that could be incentive for consumers to participate in such programs which lead to improvement of some technical and economic characteristics. In this paper, time-of-use (TOU) program as a prevalent program is modeled linearly based on self and cross elasticities. In order to determine TOU program tariffs, a joint optimization of operation cost and customers' benefit is proposed based on security-constrained unit commitment (SCUC). Also some supplementary constraints are considered such as daily energy consumption requirement and demand response potential limitation. The proposed model has been formulated by GAMS programming language and solved using CPLEX solver. The validity of the proposed method is tested over the IEEE 24-bus test system. In this regard the impact of calculated TOU rates on financial profit of all customers, improvement of peak load and operational cost are shown.
Starting Page	429
Ending Page	433
File Size	771299
Page Count	5
File Format	PDF
ISBN	9781457718304
e-ISBN	9781457718298
DOI	10.1109/EEEIC.2012.6221416
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-05-18
Publisher Place	Italy
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Economics Electricity Mixed Integer Linear Programming Elasticity Load management Security-Constrained Unit Commitment Mathematical model Time-of-use Program Equations Load modeling Demand Response Program
Content Type	Text
Resource Type	Article

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