Residential load forecasting under a demand response program based on economic incentives
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2015-08-01
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Abstract
This paper describes a tool for an Aggregator to forecast the aggregated load demand response of a group of domestic customers subscribed to an indirect load control program based on price/volume signals. The tool employs a bottom-up approach based on physical end-use load models where the individual responses of a random sample of customers are combined in order to build the aggregated load demand response model. Simulation of the individual responses is carried out with an optimization algorithm based on mixed integer linear programming that minimizes the electricity bill whilst maintaining consumer's comfort level. To improve the performance of the model, a genetic algorithm for fitting the input parameters according to measured data is also provided. The tool is intended to allow the Aggregator rehearsing the impact of different control strategies and therefore choosing the most appropriate ones for market participation and portfolio optimization. To exemplify the methodological applicability of the developed algorithm, a case study based on an actual power system in eastern Spain is considered.
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Publisher Copyright: Copyright © 2014 John Wiley & Sons, Ltd.
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demand response , aggregator , load forecasting , load management , load modelling , optimal control , demand response , aggregator , load forecasting , load management , load modelling , optimal control , demand responsel , Modeling and Simulation , Energy Engineering and Power Technology , Electrical and Electronic Engineering , Project ID , info:eu-repo/grantAgreement/EC/FP7/207643/EU/Active Distribution networks with full integration of Demand and distributed energy RESourceS/ADDRESS , info:eu-repo/grantAgreement/EC/FP7/207643/EU/Active Distribution networks with full integration of Demand and distributed energy RESourceS/ADDRESS , Funding Info , European Community's Seventh Framework Programme , European Community's Seventh Framework Programme
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Ruiz , N , Claessens , B , Jimeno , J , Lopez , J A & Six , D 2015 , ' Residential load forecasting under a demand response program based on economic incentives ' , unknown , vol. unknown , no. 8 , pp. 1436-1451 . https://doi.org/10.1002/etep.1905