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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

Fecha de publicación: septiembre 2014.



Cita:
Marulanda, G., Valenzuela, J.G., Salazar, H., An assessment of the impact of a demand response program on the Colombian day-ahead electricity market, IEEE PES Transmission and Distribution Latin America Conference and Exposition - IEEE PES T&D-LA 2014, Medellín (Colombia). 10-13 septiembre 2014.


    Líneas de investigación:
  • Redes inteligentes
  • Diseño y regulación de mercados energéticos

IIT-14-229C

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