Electricity Spot Market Research with Load Classification and Demand Response
- Resource Type
- Conference
- Authors
- Cheng, Yunxiang; Zhang, Haijing; Liang, Yajie; Liu, Yongchao; Gong, Chiyu
- Source
- 2022 2nd International Conference on Electrical Engineering and Mechatronics Technology (ICEEMT) Electrical Engineering and Mechatronics Technology (ICEEMT), 2022 2nd International Conference on. :327-330 Jul, 2022
- Subject
- Components, Circuits, Devices and Systems
Engineering Profession
Robotics and Control Systems
Costs
Mechatronics
Production
Market research
Demand response
Power markets
Power systems
Electricity spot market
nodal price
demand response
optimal power flow
- Language
In the environment of power spot market, the optimization scheduling model of power spot market considering load classification and demand response is proposed. The model integrates load demand response and optimizes the load curve of each node in the next day by using node electricity price as price transmission mechanism to improve the operating efficiency of power system. The concept of social production opportunity cost is introduced into the load side to comprehensively optimize the power purchase cost and social production opportunity cost of each node. The IEEE39-node system is taken as an example to verify the effectiveness of the model, and the influence of the demand response capacity on the load demand response and the influence of the node electricity price is analyzed.