Participation of customers in active demand side participation programs under different pricing schemes

Xu, Han and Kockar, Ivana (2016) Participation of customers in active demand side participation programs under different pricing schemes. In: IEEE Power and Energy Society General Meeting 2016, 2016-07-17 - 2016-07-21. (In Press)

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Abstract

Operation of the power grid is currently undergoing fundamental and significant changes due to implementation of new technologies and attempts to reduce impact on environment, as well as improve security of supply by diversifying generation mix. This paper outlines a price incentive scheduling tool for consumer-based active demand side management that can prove flexibility necessary for operation of systems with high levels of renewable generation penetration. The scheduling tool helps consumers rescheduling the home appliances corresponding to different pricing notifications based on their energy consumption preferences. The analysis of individual household behaviours is carried out for two price scenarios: (i) predefined electricity price tariff and (ii) forecast real time pricing (RTP) developed on the basis of time series analysis.

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