scholarly journals Optimal Portfolio Selection Methodology for a Demand Response Aggregator

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 7923
Author(s):  
Pedro Nel Ovalle ◽  
José Vuelvas ◽  
Arturo Fajardo ◽  
Carlos Adrián Correa-Flórez ◽  
Fredy Ruiz

This paper presents a methodology for determining the optimal portfolio allocation for a demand response aggregator. The formulation is based on Day-Ahead electricity prices, in which the aggregator coordinates a set of residential consumers that are recruited through contracts. Four types of contracts are analyzed, considering both direct and indirect demand response programs. The objective is to compare different scenarios for contract portfolios in order to establish the benefits of each market agent. An optimization problem is formulated to capture the interactions between the aggregator and end consumers. The model is formulated as a mathematical program with equilibrium constraints: At the upper level, the aggregator maximizes its benefits, whereas the lower level represents the consumers’ contracts. By applying the developed methodology, the characterization of the consumers’ behavior is established in order to forecast their responses to the generation of punctual incentives, both for usual scenarios and peak events, as well as to evaluate the impact that direct and indirect control contracts have on the performance of the aggregator as the energy price varies.

Energies ◽  
2020 ◽  
Vol 13 (17) ◽  
pp. 4332
Author(s):  
Morteza Vahid-Ghavidel ◽  
Mohammad Sadegh Javadi ◽  
Matthew Gough ◽  
Sérgio F. Santos ◽  
Miadreza Shafie-khah ◽  
...  

A key challenge for future energy systems is how to minimize the effects of employing demand response (DR) programs on the consumer. There exists a diverse range of consumers with a variety of types of loads, such as must-run loads, and this can reduce the impact of consumer participation in DR programs. Multi-energy systems (MES) can solve this issue and have the capability to reduce any discomfort faced by all types of consumers who are willing to participate in the DRPs. In this paper, the most recent implementations of DR frameworks in the MESs are comprehensively reviewed. The DR modelling approach in such energy systems is investigated and the main contributions of each of these works are included. Notably, the amount of research in MES has rapidly increased in recent years. The majority of the reviewed works consider power, heat and gas systems within the MES. Over three-quarters of the papers investigated consider some form of energy storage system, which shows how important having efficient, cost-effective and reliable energy storage systems will be in the future. In addition, a vast majority of the works also considered some form of demand response programs in their model. This points to the need to make participating in the energy market easier for consumers, as well as the importance of good communication between generators, system operators, and consumers. Moreover, the emerging topics within the area of MES are investigated using a bibliometric analysis to provide insight to other researchers in this area.


2019 ◽  
Vol 27 (6) ◽  
pp. 4624-4639
Author(s):  
Abbas SHARIFI NASAB ANARI ◽  
Mehdi EHSAN ◽  
Mahmud FOTUHI FIRUZABAD

2022 ◽  
Vol 19 (3) ◽  
pp. 2403-2423
Author(s):  
Santiago Iturriaga ◽  
◽  
Jonathan Muraña ◽  
Sergio Nesmachnow

<abstract><p>Demand response programs allow consumers to participate in the operation of a smart electric grid by reducing or shifting their energy consumption, helping to match energy consumption with power supply. This article presents a bio-inspired approach for addressing the problem of colocation datacenters participating in demand response programs in a smart grid. The proposed approach allows the datacenter to negotiate with its tenants by offering monetary rewards in order to meet a demand response event on short notice. The objective of the underlying optimization problem is twofold. The goal of the datacenter is to minimize its offered rewards while the goal of the tenants is to maximize their profit. A two-level hierarchy is proposed for modeling the problem. The upper-level hierarchy models the datacenter planning problem, and the lower-level hierarchy models the task scheduling problem of the tenants. To address these problems, two bio-inspired algorithms are designed and compared for the datacenter planning problem, and an efficient greedy scheduling heuristic is proposed for task scheduling problem of the tenants. Results show the proposed approach reports average improvements between $ 72.9\% $ and $ 82.2\% $ when compared to the business as usual approach.</p></abstract>


Author(s):  
Nonika Loitongbam ◽  
Kumar Raja Gadham ◽  
T. Ghose

AbstractTransformer may enter the ageing cycle sooner if it is loaded more than the rated value for longer periods of time in its life cycle. This paper exploits demand response as a way to improve transformer life by reducing the hottest spot temperature (HST) which is caused due to better load profile. The aim of the paper is to investigate the impact of various types of price-based and incentive-based demand response programs (DRPs) on the transformer life and other attributes like energy consumption, peak to average ratio, etc. Entropy method is used to determine the weights of multi-attributes in a multi-attribute decision-making (MADM) model formed by the various attributes and the multifarious demand response programs. Using these weights, the various DRPs are ranked using Program Ranking Index to assist the utility in deciding which DRP is to be employed. IEEE transformer model is used to calculate the transformer ageing for two cases with and without demand response programs. The simulation results validate the effectiveness of demand response in mitigating transformer loss of life. Furthermore, the economic and technical benefits of employing demand response are quantified.


2015 ◽  
Vol 1 ◽  
pp. e34
Author(s):  
Navin Sharma ◽  
Dilip Krishnappa ◽  
Sean Barker ◽  
David Irwin ◽  
Prashant Shenoy

Reducing the energy footprint of data centers continues to receive significant attention due to both its financial and environmental impact. There are numerous methods that limit the impact of both factors, such as expanding the use of renewable energy or participating in automated demand-response programs. To take advantage of these methods, servers and applications must gracefully handle intermittent constraints in their power supply. In this paper, we propose blinking—metered transitions between a high-power active state and a low-power inactive state—as the primary abstraction for conforming to intermittent power constraints. We design Blink, an application-independent hardware–software platform for developing and evaluating blinking applications, and define multiple types of blinking policies. We then use Blink to design both a blinking version of memcached (BlinkCache) and a multimedia cache (GreenCache) to demonstrate how application characteristics affect the design of blink-aware distributed applications. Our results show that for BlinkCache, a load-proportional blinking policy combines the advantages of both activation and synchronous blinking for realistic Zipf-like popularity distributions and wind/solar power signals by achieving near optimal hit rates (within 15% of an activation policy), while also providing fairer access to the cache (within 2% of a synchronous policy) for equally popular objects. In contrast, for GreenCache, due to multimedia workload patterns, we find that a staggered load proportional blinking policy with replication of the first chunk of each video reduces the buffering time at all power levels, as compared to activation or load-proportional blinking policies.


2020 ◽  
Vol 4 (2) ◽  
pp. 118-129
Author(s):  
Asti Gumartifa ◽  
◽  
Indah Windra Dwie Agustiani

Gaining English language learning effectively has been discussed all years long. Similarly, Learners have various troubles outcomes in the learning process. Creating a joyful and comfortable situation must be considered by learners. Thus, the implementation of effective learning strategies is certainly necessary for English learners. This descriptive study has two purposes: first, to introduce the classification and characterization of learning strategies such as; memory, cognitive, metacognitive, compensation, social, and affective strategies that are used by learners in the classroom and second, it provides some questionnaires item based on Strategy of Inventory for Language Learning (SILL) version 5.0 that can be used to examine the frequency of students’ learning strategies in the learning process. The summary of this study explains and discusses the researchers’ point of view on the impact of learning outcomes by learning strategies used. Finally, utilizing appropriate learning strategies are certainly beneficial for both teachers and learners to achieve the learning target effectively.


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