Optimal Control of Distributed Energy Resources and Demand Response under Uncertainty

PDF Version Also Available for Download.

Description

We take the perspective of a microgrid that has installed distribution energy resources (DER) in the form of distributed generation with combined heat and power applications. Given uncertain electricity and fuel prices, the microgrid minimizes its expected annual energy bill for various capacity sizes. In almost all cases, there is an economic and environmental advantage to using DER in conjunction with demand response (DR): the expected annualized energy bill is reduced by 9percent while CO2 emissions decline by 25percent. Furthermore, the microgrid's risk is diminished as DER may be deployed depending on prevailing market conditions and local demand. In order ... continued below

Physical Description

13

Creation Information

Siddiqui, Afzal; Stadler, Michael; Marnay, Chris & Lai, Judy June 1, 2010.

Context

This article is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. More information about this article can be viewed below.

Who

People and organizations associated with either the creation of this article or its content.

Publisher

Provided By

UNT Libraries Government Documents Department

Serving as both a federal and a state depository library, the UNT Libraries Government Documents Department maintains millions of items in a variety of formats. The department is a member of the FDLP Content Partnerships Program and an Affiliated Archive of the National Archives.

Contact Us

What

Descriptive information to help identify this article. Follow the links below to find similar items on the Digital Library.

Description

We take the perspective of a microgrid that has installed distribution energy resources (DER) in the form of distributed generation with combined heat and power applications. Given uncertain electricity and fuel prices, the microgrid minimizes its expected annual energy bill for various capacity sizes. In almost all cases, there is an economic and environmental advantage to using DER in conjunction with demand response (DR): the expected annualized energy bill is reduced by 9percent while CO2 emissions decline by 25percent. Furthermore, the microgrid's risk is diminished as DER may be deployed depending on prevailing market conditions and local demand. In order to test a policy measure that would place a weight on CO2 emissions, we use a multi-criteria objective function that minimizes a weighted average of expected costs and emissions. We find that greater emphasis on CO2 emissions has a beneficial environmental impact only if DR is available and enough reserve generation capacity exists. Finally, greater uncertainty results in higher expected costs and risk exposure, the effects of which may be mitigated by selecting a larger capacity.

Physical Description

13

Source

  • International Association for Energy Economics Rio 2010 International Conference, Rio de Janeiro, Brazil, June 6 - 9, 2010

Language

Item Type

Identifier

Unique identifying numbers for this article in the Digital Library or other systems.

  • Report No.: LBNL-3828E
  • Grant Number: DE-AC02-05CH11231
  • Office of Scientific & Technical Information Report Number: 986323
  • Archival Resource Key: ark:/67531/metadc1013477

Collections

This article is part of the following collection of related materials.

Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

What responsibilities do I have when using this article?

When

Dates and time periods associated with this article.

Creation Date

  • June 1, 2010

Added to The UNT Digital Library

  • Oct. 14, 2017, 8:36 a.m.

Description Last Updated

  • Oct. 17, 2017, 6:24 p.m.

Usage Statistics

When was this article last used?

Congratulations! It looks like you are the first person to view this item online.

Interact With This Article

Here are some suggestions for what to do next.

Start Reading

PDF Version Also Available for Download.

Citations, Rights, Re-Use

Siddiqui, Afzal; Stadler, Michael; Marnay, Chris & Lai, Judy. Optimal Control of Distributed Energy Resources and Demand Response under Uncertainty, article, June 1, 2010; Berkeley, California. (digital.library.unt.edu/ark:/67531/metadc1013477/: accessed December 15, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.