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:: Volume 3, Issue 2 (3-2015) ::
ieijqp 2015, 3(2): 42-54 Back to browse issues page
Reducing reliability costs in capacity market employing resources based on demand side management
Hasan Jalili1 , Mohammad kazem Sheikh Al Eslami * 1, Mohsen Parsa Moghaddam1
1- School of Electrical and Computer engineering
Abstract:   (9512 Views)

Capacity market is one of the most successful mechanisms to ensure power system adequacy where generation units sell their capacity in a competitive manner. High investment costs, long construction periods and lack of competition between generation units in some sections of the grid are factors which may justify resources based on demand side management deployment in capacity market. Hence this paper aims at reducing reliability costs and generations markets power using mentioned resources deployment in capacity market. The reliability cost is calculated as some of costs paid to the generators proportionate to their share. Furthermore, market power of players is evaluated using MRCI index. The proposed method is tested in IEEE 57 bus network and results are reported.and results are reported

Keywords: capacity market, deployment of resources based on demand side management, market power, reliability costs
Full-Text [PDF 322 kb]   (1594 Downloads)    
Type of Study: Research | Subject: Special
Received: 2014/12/8 | Accepted: 2015/03/16 | Published: 2015/04/15


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Jalili H, Sheikh Al Eslami M K, Parsa Moghaddam M. Reducing reliability costs in capacity market employing resources based on demand side management. ieijqp 2015; 3 (2) :42-54
URL: http://ieijqp.ir/article-1-200-en.html


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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 3, Issue 2 (3-2015) Back to browse issues page
نشریه علمی- پژوهشی کیفیت و بهره وری صنعت برق ایران Iranian Electric Industry Journal of Quality and Productivity
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