Generation Scheduling Considering Demand Response and Reliability Indices


Kwag H., Kim J., Kim K.

9th WSEAS International Conference on Power Systems, Budapest, Hungary, 3 - 05 September 2009, pp.91-92 identifier

  • Publication Type: Conference Paper / Full Text
  • City: Budapest
  • Country: Hungary
  • Page Numbers: pp.91-92

Abstract

Currently, a system that is called demand response programs is being introduced among various countries. Demand Response Program (DRP) can be defined as the incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized [1]. It is expected that Demand response can prevent the price spike and at the same time, improve the reliability of electricity supply. It is usually called the incentive-based demand response program if it is designed for the purpose of Improving Supply reliability and is called as the price-based demand response program for the purpose of preventing price spike.