Simulating Price Responsive Distributed Resources [electronic resource].
- Washington, D.C. : United States. Dept. of Energy, 2004. and Oak Ridge, Tenn. : Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy.
- Physical Description:
- Additional Creators:
- Pacific Northwest National Laboratory (U.S.), United States. Department of Energy, and United States. Department of Energy. Office of Scientific and Technical Information
- Restrictions on Access:
- Free-to-read Unrestricted online access
- Distributed energy resources (DER) include distributed generation, storage, and responsive demand. The integration of DER into the power system control framework is part of the evolutinary advances that allow these resources to actively particpate in the energy balance equation. Price can provide a powerful signal for independent decision-making in distributed control strategies. To study the impact of price responsive DER on the electric power system requires generation and load models that can capture the dynamic coupling between the energy market and the physical operation of the power system in appropriate time frames. This paper presents modeling approaches for simulating electricity market price responsive DER, and introduces a statistical mechanics approach to modeling the aggregated response of a transformed electric system of pervasive, transacting DER.
- Published through SciTech Connect., 10/15/2004., "pnnl-sa-41618", 2004 Power Systems Conference & Exposition, October 10-13, 2004, New York City, New York, 6 pp., and Chassin, David P.; Lu, Ning; Widergren, Steven E.
- Funding Information:
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