Demand Response in Modern Power System

Arvind Jain

ISBN 10: 6137435520 / ISBN 13: 9786137435526

Published by LAP LAMBERT Academic Publishing Feb 2018, 2018

About this Item

This item is printed on demand - Print on Demand Titel. Neuware -In modern power system, the balancing between generation and load is done entirely through actions taken from the supply side. Further, it is observed that the absence of active demand-side participation is the main cause of price spikes, shortages and exercise of market power. It has been reported in the literature that the buyers can adjust their demand in response to the time-varying prices. A buyer may like to reduce its demand during periods of high prices. This approach may not be always suitable for an industrial buyer, due to requirement of its production process. The challenge that remains is how to incorporate these demand responses into market design to achieve the maximum savings and efficient market performance.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 68 pp. Englisch.

Seller Inventory # 9786137435526

Bibliographic Details

• Title: Demand Response in Modern Power System
• Publisher: LAP LAMBERT Academic Publishing Feb 2018
• Publication Date: 2018
• Language: English
• ISBN 10: 6137435520
• ISBN 13: 9786137435526
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 5D millimeters 220 millimeters width by 150 millimeters height by 5 millimeters depth
• Weight: 119 grams

About this title

Synopsis

In modern power system, the balancing between generation and load is done entirely through actions taken from the supply side. Further, it is observed that the absence of active demand-side participation is the main cause of price spikes, shortages and exercise of market power. It has been reported in the literature that the buyers can adjust their demand in response to the time-varying prices. A buyer may like to reduce its demand during periods of high prices. This approach may not be always suitable for an industrial buyer, due to requirement of its production process. The challenge that remains is how to incorporate these demand responses into market design to achieve the maximum savings and efficient market performance.

About the Author

Arvind Kumar Jain received his M.Tech and Ph.D. in Electrical Engineering from Indian Institute of Technology Kanpur, Kanpur (UP), India. Presently, he is an Associate Professor at RustamJi Institute of Technology(RJIT), BSF, Tekanpur, Gwalior (MP), India. His research interest include Demand Response, Power System Economics and Optimisation.