Demand Response Application forReliability Enhancement in Electricity Market
Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
The term reliability is related with the adequacy and security during operation of theelectric power system, supplying the electricity demand over time and saving thepossible contingencies because every inhabitant needs to be supplied with electricity intheir day to day. Operating the system in this way entails spending money. The first partof the project is going to be an analysis of the reliability and the economic impact of it.During the last decade, electric utilities and companies had been forced to change theiroperations from vertically integrated to open market systems. With the deregulation ofthe electricity industry, the way of operating the system has changed. During the pastyears the idea was basically to supply the demand required from the costumers, but theworld ideas are becoming more ecological, where every process is trying to beoptimized, in this case the emissions are more controlled and the resources are usedwith more efficiency. Nowadays the new wave of ideas is making the costumersparticipants of the electric power systems. This can be done by the participants by4reducing their load, or by a reschedule in their activities, being rewarded withincentives. Thus, during this research an electric power system is going to be assessed,evaluating if it is feasible to include demand response in the electricity market.The project includes a simulation with GAMS of an electric power system, and therewill be six different programs being developed with the same network. Firstly, the threeproblems are going to be developed including reliability, and the second step will bewhen DR is included. The aim of the thesis it is an assessment of the reliabilityeconomic impact and an analysis of the outcomes when demand response it is included.
Place, publisher, year, edition, pages
2015. , 112 p.
EES Examensarbete / Master Thesis
Electrical Engineering, Electronic Engineering, Information Engineering
IdentifiersURN: urn:nbn:se:kth:diva-175384OAI: oai:DiVA.org:kth-175384DiVA: diva2:860664
Hilber, Patrik, Researcher