Open AccessOptimization strategy of price‐based demand response considering the bidirectional feedback effect
Author(s) -
Yang Hejun,
Wang Lei,
Ma Yinghao,
Zhang Dabo,
WU Hongbin
Publication year - 2021
Publication title -
iet generation, transmission and distribution
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.92
H-Index - 110
eISSN - 1751-8695
pISSN - 1751-8687
DOI - 10.1049/gtd2.12131
Subject(s) - mathematical optimization , partition (number theory) , computer science , demand response , optimization problem , correctness , electricity pricing , reliability (semiconductor) , power (physics) , electricity , electricity market , mathematics , engineering , quantum mechanics , programming language , physics , electrical engineering , combinatorics
Abstract Time of use pricing strategy can not only reduce the load fluctuation but also improve the power system reliability. Generally, before carrying out a time of use pricing optimization, it needs to perform a period partition optimization for dividing peak‐valley periods. In existing researches, however, the period partition optimization and the time of use pricing optimization are implemented independently. Although the output of period partition optimization is used as the input of time of use pricing optimization, the bidirectional feedback effect between period partition optimization and time of use pricing optimization is not considered, which will lead to the existing time of use pricing optimization may not be the globally optimal solution. Therefore, this paper investigates a new optimization method for time of use pricing optimization with the consideration of bidirectional feedback effect, establishes a comprehensive customer satisfaction degree model considering the customer load proportion coefficient, and defines an elastic cofactor to describe the electricity price response difference of multiple types of customers. The Roy Billinton test system is used to verify the correctness and effectiveness of the proposed method in this paper.