Electricity market model for demand response stability analysis based on structural approach to electricity price modelling

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24220%2F15%3A00003138" target="_blank" >RIV/46747885:24220/15:00003138 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1109/PTC.2015.7232510" target="_blank" >http://dx.doi.org/10.1109/PTC.2015.7232510</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1109/PTC.2015.7232510" target="_blank" >10.1109/PTC.2015.7232510</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Electricity market model for demand response stability analysis based on structural approach to electricity price modelling

Popis výsledku v původním jazyce

Demand response based on real time pricing introduces a new feedback loop between consumers' behavior and short term electricity markets. This feedback raises some concerns due to its potential destabilizing impact on electricity markets. Any analysis of this impact requires electricity market model. In this paper, several market models used for this purpose in the literature are analyzed and it is shown that the disagreement between the behavior of these models and reality is strong. For this reason an alternative model is proposed based on the structural approach to the electricity price modelling. This model is shown to be consistent with the real market data. It can be used to analyze the potential destabilizing impact of real time pricing in a more realistic way..

Název v anglickém jazyce

Electricity market model for demand response stability analysis based on structural approach to electricity price modelling

Popis výsledku anglicky

Demand response based on real time pricing introduces a new feedback loop between consumers' behavior and short term electricity markets. This feedback raises some concerns due to its potential destabilizing impact on electricity markets. Any analysis of this impact requires electricity market model. In this paper, several market models used for this purpose in the literature are analyzed and it is shown that the disagreement between the behavior of these models and reality is strong. For this reason an alternative model is proposed based on the structural approach to the electricity price modelling. This model is shown to be consistent with the real market data. It can be used to analyze the potential destabilizing impact of real time pricing in a more realistic way..

Druh

D - Stať ve sborníku

CEP obor

BC - Teorie a systémy řízení

OECD FORD obor

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Projekt

<a href="/cs/project/TE01020036" target="_blank" >TE01020036: Pokročilé technologie pro výrobu tepla a elektřiny</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of IEEE PowerTech 2015

ISBN

9781479976935

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

1-6

Název nakladatele

Institute of Electrical and Electronics Engineers Inc. IEEE

Místo vydání

Eindhoven

Místo konání akce

Eindhoven, Netherlands

Datum konání akce

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Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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