Imperial College London
Alternate

Professor Goran Strbac

Faculty of Engineering, Department of Electrical and Electronic Engineering

Chair in Electrical Energy Systems
 
 
 
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Contact

 

+44 (0)20 7594 6169g.strbac

 
 
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Assistant

 

Miss Guler Eroglu +44 (0)20 7594 6170

 
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Location

 

1101Electrical EngineeringSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@inproceedings{Takis-Defteraios:2019,
author = {Takis-Defteraios, G and Papadaskalopoulos, D and Ye, Y and Strbac, G},
publisher = {IEEE},
title = {Role of Flexible Demand in Supporting Market-Based Integration of Renewable Generation},
year = {2019}
}
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RIS format (EndNote, RefMan)

TY  - CPAPER
AB  - Previous work has analyzed the renewable generation hosting capacity of electricity systems and the relevant value of flexible demand from a techno-economic perspective, considering the balancing and network challenges associated with a large-scale integration of renewables. This paper investigates these issues from a market perspective, considering the challenges of low energy prices and renewables’ investment cost recovery. In this context, a multi-period bi-level optimization model is developed, where the upper level maximizes the renewable generation capacity subject to the long-term profitability constraint and the lower level represents the market clearing process, accounting for the time-coupling operational constraints of flexible demand. This bi-level problem is solved after converting it to a single-level mixed-integer linear problem (MILP). Case studies validate the proposed model and demonstrate that demand flexibility increases the maximum renewable generation capacity that can be integrated in the system without violating its profitability constraint.
AU  - Takis-Defteraios,G
AU  - Papadaskalopoulos,D
AU  - Ye,Y
AU  - Strbac,G
PB  - IEEE
PY  - 2019///
TI  - Role of Flexible Demand in Supporting Market-Based Integration of Renewable Generation
ER  -
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