Effects of demand elasticity and price variation on load profile

S.D. Maqbool; M. Babar; E.A. Al-Ammar

doi:10.1109/ISGT-MidEast.2011.6220793

Effects of demand elasticity and price variation on load profile

S.D. Maqbool, M. Babar, E.A. Al-Ammar

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

15 Citations (Scopus)

Abstract

Optimizing the operation of power generation systems is one of the core objectives of Smart Grid. The area of Smart Grid focuses on this issue is Demand Response (DR). DR is an essential tool to limit the demand to flatten spikes. This can reduce the need of peak power generation units which normally are less efficient and operational for only very short time interval. Eliminating the peak power generation units will cut the price of electricity by a significant amount. This paper discusses about the implementation of variable price structure and incentive based methods for the implementation of DR. An actual day consumption pattern of Riyadh region from the last year is taken as initial demand curve for the implementation of developed model.

Original language	English
Title of host publication	Proceedings of the 2011 IEEE PES Conference on Innovative Smart Grid Technologies-Middle East (ISGT Middle East), 17-20 December 2011, Jeddah, Saudi Arabia
Place of Publication	Piscataway
Publisher	Institute of Electrical and Electronics Engineers
Pages	1-5
ISBN (Print)	978-1-4673-0987-5
DOIs	https://doi.org/10.1109/ISGT-MidEast.2011.6220793
Publication status	Published - 2011

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10.1109/ISGT-MidEast.2011.6220793

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Maqbool, S. D., Babar, M., & Al-Ammar, E. A. (2011). Effects of demand elasticity and price variation on load profile. In Proceedings of the 2011 IEEE PES Conference on Innovative Smart Grid Technologies-Middle East (ISGT Middle East), 17-20 December 2011, Jeddah, Saudi Arabia (pp. 1-5). Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/ISGT-MidEast.2011.6220793

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Maqbool, SD, Babar, M & Al-Ammar, EA 2011, Effects of demand elasticity and price variation on load profile. in Proceedings of the 2011 IEEE PES Conference on Innovative Smart Grid Technologies-Middle East (ISGT Middle East), 17-20 December 2011, Jeddah, Saudi Arabia. Institute of Electrical and Electronics Engineers, Piscataway, pp. 1-5. https://doi.org/10.1109/ISGT-MidEast.2011.6220793

Effects of demand elasticity and price variation on load profile. / Maqbool, S.D.; Babar, M.; Al-Ammar, E.A.
Proceedings of the 2011 IEEE PES Conference on Innovative Smart Grid Technologies-Middle East (ISGT Middle East), 17-20 December 2011, Jeddah, Saudi Arabia. Piscataway: Institute of Electrical and Electronics Engineers, 2011. p. 1-5.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

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AB - Optimizing the operation of power generation systems is one of the core objectives of Smart Grid. The area of Smart Grid focuses on this issue is Demand Response (DR). DR is an essential tool to limit the demand to flatten spikes. This can reduce the need of peak power generation units which normally are less efficient and operational for only very short time interval. Eliminating the peak power generation units will cut the price of electricity by a significant amount. This paper discusses about the implementation of variable price structure and incentive based methods for the implementation of DR. An actual day consumption pattern of Riyadh region from the last year is taken as initial demand curve for the implementation of developed model.

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Maqbool SD, Babar M, Al-Ammar EA. Effects of demand elasticity and price variation on load profile. In Proceedings of the 2011 IEEE PES Conference on Innovative Smart Grid Technologies-Middle East (ISGT Middle East), 17-20 December 2011, Jeddah, Saudi Arabia. Piscataway: Institute of Electrical and Electronics Engineers. 2011. p. 1-5 doi: 10.1109/ISGT-MidEast.2011.6220793

Effects of demand elasticity and price variation on load profile

Abstract

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