Optimal power and reserve capacity procurement policies with deferrable loads

A. Subramanian; J. A. Taylor; E. Bitar; D. Callaway; K. Poolla; P. Varaiya

doi:10.1109/CDC.2012.6426102

Optimal power and reserve capacity procurement policies with deferrable loads

A. Subramanian, J. A. Taylor, E. Bitar, D. Callaway, K. Poolla, P. Varaiya

Research output: Contribution to journal › Conference article › peer-review

5 Scopus citations

Abstract

Deferrable loads can be used to mitigate the variability associated with renewable generation. In this paper, we study the impact of deferrable loads on forward market operations. Specifically, we compute cost-minimizing ex-ante bulk power and reserve capacity procurement policies in the cases of fully deferrable and non-deferrable loads. For non-deferrable loads, we analytically express this policy on a partition of procurement prices. We also formulate a threshold policy for deferrable load scheduling in the face of uncertain supply, that minimizes grid operating costs.

Original language	English (US)
Article number	6426102
Pages (from-to)	450-456
Number of pages	7
Journal	Proceedings of the IEEE Conference on Decision and Control
DOIs	https://doi.org/10.1109/CDC.2012.6426102
State	Published - 2012
Externally published	Yes
Event	51st IEEE Conference on Decision and Control, CDC 2012 - Maui, HI, United States Duration: Dec 10 2012 → Dec 13 2012

All Science Journal Classification (ASJC) codes

Control and Systems Engineering
Modeling and Simulation
Control and Optimization

Access to Document

10.1109/CDC.2012.6426102

Cite this

@article{70ca87b05d034f0bb6f3678d9ea89dea,

title = "Optimal power and reserve capacity procurement policies with deferrable loads",

abstract = "Deferrable loads can be used to mitigate the variability associated with renewable generation. In this paper, we study the impact of deferrable loads on forward market operations. Specifically, we compute cost-minimizing ex-ante bulk power and reserve capacity procurement policies in the cases of fully deferrable and non-deferrable loads. For non-deferrable loads, we analytically express this policy on a partition of procurement prices. We also formulate a threshold policy for deferrable load scheduling in the face of uncertain supply, that minimizes grid operating costs.",

author = "A. Subramanian and Taylor, {J. A.} and E. Bitar and D. Callaway and K. Poolla and P. Varaiya",

year = "2012",

doi = "10.1109/CDC.2012.6426102",

language = "English (US)",

pages = "450--456",

journal = "Proceedings of the IEEE Conference on Decision and Control",

issn = "0743-1546",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

note = "51st IEEE Conference on Decision and Control, CDC 2012 ; Conference date: 10-12-2012 Through 13-12-2012",

}

TY - JOUR

T1 - Optimal power and reserve capacity procurement policies with deferrable loads

AU - Subramanian, A.

AU - Taylor, J. A.

AU - Bitar, E.

AU - Callaway, D.

AU - Poolla, K.

AU - Varaiya, P.

PY - 2012

Y1 - 2012

N2 - Deferrable loads can be used to mitigate the variability associated with renewable generation. In this paper, we study the impact of deferrable loads on forward market operations. Specifically, we compute cost-minimizing ex-ante bulk power and reserve capacity procurement policies in the cases of fully deferrable and non-deferrable loads. For non-deferrable loads, we analytically express this policy on a partition of procurement prices. We also formulate a threshold policy for deferrable load scheduling in the face of uncertain supply, that minimizes grid operating costs.

AB - Deferrable loads can be used to mitigate the variability associated with renewable generation. In this paper, we study the impact of deferrable loads on forward market operations. Specifically, we compute cost-minimizing ex-ante bulk power and reserve capacity procurement policies in the cases of fully deferrable and non-deferrable loads. For non-deferrable loads, we analytically express this policy on a partition of procurement prices. We also formulate a threshold policy for deferrable load scheduling in the face of uncertain supply, that minimizes grid operating costs.

UR - http://www.scopus.com/inward/record.url?scp=84874274840&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84874274840&partnerID=8YFLogxK

U2 - 10.1109/CDC.2012.6426102

DO - 10.1109/CDC.2012.6426102

M3 - Conference article

AN - SCOPUS:84874274840

SN - 0743-1546

SP - 450

EP - 456

JO - Proceedings of the IEEE Conference on Decision and Control

JF - Proceedings of the IEEE Conference on Decision and Control

M1 - 6426102

T2 - 51st IEEE Conference on Decision and Control, CDC 2012

Y2 - 10 December 2012 through 13 December 2012

ER -

Optimal power and reserve capacity procurement policies with deferrable loads

Abstract

All Science Journal Classification (ASJC) codes

Access to Document

Other files and links

Fingerprint

Cite this