Participation of Demand Response Aggregators in Electricity Markets: Optimal Portfolio Management

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dc.contributor.authorHenrí­quez Auba, Rodrigo Martí
dc.contributor.authorWenzel Acuña, George Alfons
dc.contributor.authorOlivares Quero, Daniel
dc.contributor.authorNegrete Pincetic, Matías Alejandro
dc.date.accessioned2022-05-18T14:39:51Z
dc.date.available2022-05-18T14:39:51Z
dc.date.issued2018
dc.description.abstractDemand response (DR) is a versatile way of providing flexibility in power systems. In order to manage the flexibility of a large number of scattered DR resources, in the context of electricity markets, they must be aggregated by a new participant called the DR aggregator. This paper presents an optimization model to determine the optimal operation of a DR aggregator that manages a portfolio of DR programs in wholesale electricity markets. The aggregator is considered to be a strategic participant in the real-time market. The portfolio is composed of various contracts of load curtailment and flexible loads that can be executed for hourly load change. Uncertainty of market prices and balancing requirements are represented through a set of scenarios based on historical data. The proposed model is a stochastic bi-level mathematical program that is reformulated as a mixed-integer linear program. Several case studies with numerical results are presented.
dc.fuente.origenIEEE
dc.identifier.doi10.1109/TSG.2017.2673783
dc.identifier.issn1949-3061
dc.identifier.urihttps://doi.org/10.1109/TSG.2017.2673783
dc.identifier.urihttps://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=7862809
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/64181
dc.information.autorucEscuela de ingeniería ; Henríquez Auba, Rodrigo Martí ; S/I ; 185559
dc.information.autorucEscuela de ingeniería ; Wenzel Acuña, George Alfons ; S/I ; 193921
dc.information.autorucEscuela de ingeniería ; Olivares Quero, Daniel ; S/I ; 1013843
dc.information.autorucEscuela de ingeniería ; Negrete Pincetic, Matías Alejandro ; S/I ; 13212
dc.issue.numero5
dc.language.isoen
dc.nota.accesoContenido parcial
dc.pagina.final4871
dc.pagina.inicio4861
dc.revistaIEEE Transactions on Smart Grid
dc.rightsacceso restringido
dc.subjectContracts
dc.subjectReal-time systems
dc.subjectElectricity supply industry
dc.subjectGenerators
dc.subjectOptimization
dc.subjectPortfolios
dc.subjectLoad modeling
dc.titleParticipation of Demand Response Aggregators in Electricity Markets: Optimal Portfolio Managementes_ES
dc.typeartículo
dc.volumen9
sipa.codpersvinculados185559
sipa.codpersvinculados193921
sipa.codpersvinculados1013843
sipa.codpersvinculados13212
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