Abstract
This paper presents a novel demand response program for optimising power systems demand due to electric vehicle charging load. Based on a mathematical solution to the problem of power systems demand optimization, a demand response program which includes multiple tariffs for different groups of customers is proposed. This program takes into account consumer behaviour with and without external incentives (e.g. time-varying electricity prices). It also prices electricity over 24 hours according to the wholesale market energy price which reflects the generation marginal cost.
Original language | English |
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Title of host publication | Asia-Pacific Power and Energy Engineering Conference (APPEEC) |
Publisher | IEEE |
Number of pages | 4 |
ISBN (Print) | 9781457705458 |
DOIs | |
Publication status | Published - Sept 2012 |
Keywords
- power systems
- demand optimization
- consumer behaviour
- pricing