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An assessment of the impact of a demand response program on the Colombian day-ahead electricity market

G. Marulanda, J.G. Valenzuela, H. Salazar

IEEE/PES Transmission and Distribution Latin America Conference and Exposition - IEEE PES T&D-LA 2014, Medellín (Colombia). 10-13 septiembre 2014


Resumen:

This paper evaluates the impact of a demand response program on the day-ahead electricity market in Colombia. The paper uses a realistic approach as it considers a curtailment service provider (a load aggregator) that is able to bid in the market. That is, the paper considers the existence of a demand-bidding program (one type of demand response program) that allows curtailment service providers to submit a bidding curve based on load preferences. Numerical results show that a demand-bidding program requires market participants (generators) to change their participation strategies as demand response might affect their dispatch. Additionally, numerical results show a significant operational cost reduction that benefits the wholesale market.


Palabras clave: Demand response, the Colombian day ahead electricity market, curtailment service provider, demand response programs


DOI: DOI icon https://doi.org/10.1109/TDC-LA.2014.6955253

Publicado en: IEEE PES T&D-LA 2014: Conference proceedings, pp: 1-6, ISBN: 978-1-4799-6251-8

Fecha de publicación: 13-nov-2014


Cita:
G. Marulanda, J.G. Valenzuela, H. Salazar, "An assessment of the impact of a demand response program on the Colombian day-ahead electricity market", presentado en IEEE/PES Transmission and Distribution Latin America Conference and Exposition - IEEE PES T&D-LA 2014, Medellín, Colombia, 10-13 septiembre 2014. En: IEEE PES T&D-LA 2014: Conference proceedings, pp. 1-6, doi: 10.1109/TDC-LA.2014.6955253

    Líneas de investigación:
  • Redes inteligentes
  • Diseño y regulación de mercados energéticos
    Grupos de investigación:
  • Instituto de Investigación Tecnológica (IIT)

IIT-14-229C

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