%0 Journal Article
%T Demand response as a complement for wind energy from the viewpoint of system well-being
%J Scientia Iranica
%I Sharif University of Technology
%Z 1026-3098
%A Hassanzadeh, M. N.
%A Fotuhi-Firuzabad, M.
%A Safdarian, A.
%A Soleymani, S.
%D 2020
%\ 06/01/2020
%V 27
%N 3
%P 1373-1383
%! Demand response as a complement for wind energy from the viewpoint of system well-being
%K Demand side management
%K Dynamic Pricing
%K elasticity coefficient
%K wind energy sources
%K well-being analysis
%R 10.24200/sci.2018.20605
%X The risk imposed by the stochastic nature of wind energy sources has always been a major barrier despite their proliferation in power systems. To further penetrate these sources, this paper draws upon dynamic prices, which realize demand response potentials along with decimating the risk involved. To do so, a model is first established to study the impacts of activating demand response, on the risk index in a system with a high penetration of wind resources. Then, the model is used to estimate the extra wind capacity that can be hosted by the system such that the risk remains within the acceptable range. The well-being indices are calculated via sequential Monte Carlo simulation approach and Fuzzy theory. The demand response with dynamic prices is modeled by self and cross elasticity coefficients of different load sectors. The performance and applicability of the proposed model are verified through simulations on the IEEE Reliability Test System. (IEEE-RTS).
%U https://scientiairanica.sharif.edu/article_20605_8f95802f6aa55fd85f16cacd439ce2a2.pdf