Title : ( Stochastic Optimization of Demand Response Aggregators in Wholesale Electricity Markets )
Authors: atefeh zomorodi moghadam , Mohammad Hossein Javidi Dasht Bayaz , جواد صائبی ,
Full TextAbstract
This paper proposes a stochastic framework for demand response (DR) aggregator to procure DR from customers and sell it to purchasers in the wholesale electricity market. The aggregator assigns fixed DR contracts with customers based on three different load reduction strategies. In the presented problem the uncertainty of market price is considered and the risk of aggregator participation is managed in stochastic optimization problem with CVaR. The feasibility of this problem is studied on a case of Alberta electricity market.
Keywords
, DR aggregator, Electricity market, Risk management, Stochastic optimization
@article{paperid:1067012,
author = {Zomorodi Moghadam, Atefeh and Javidi Dasht Bayaz, Mohammad Hossein and جواد صائبی},
title = {Stochastic Optimization of Demand Response Aggregators in Wholesale Electricity Markets},
journal = {International Journal of Smart Electrical Engineering},
year = {2015},
volume = {4},
number = {2},
month = {May},
issn = {2251-9246},
pages = {95--101},
numpages = {6},
keywords = {DR aggregator; Electricity market; Risk management; Stochastic optimization},
}
%0 Journal Article
%T Stochastic Optimization of Demand Response Aggregators in Wholesale Electricity Markets
%A Zomorodi Moghadam, Atefeh
%A Javidi Dasht Bayaz, Mohammad Hossein
%A جواد صائبی
%J International Journal of Smart Electrical Engineering
%@ 2251-9246
%D 2015
