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Paper
Title

Impact of Load Shifting on the Profit of Electricity Retailer based on Demand Response and Risk Management

Year: 1397
COI: JR_SPRE-2-4_005
Language: EnglishView: 415
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Authors

Kourosh Apornak - Mechanic, Electric and Computer Department, Science and Research Branch, Islamic Azad University, Tehran, Iran
Soodabeh Soleymani - Mechanic, Electric and Computer Department, Science and Research Branch, Islamic Azad University, Tehran, Iran
Faramarz Faghihi - Mechanic, Electric and Computer Department, Science and Research Branch, Islamic Azad University, Tehran, Iran
Babak Mozafari - Mechanic, Electric and Computer Department, Science and Research Branch, Islamic Azad University, Tehran, Iran

Abstract:

This paper aims to describe the role of electricity retailer in power market for persuading consumer to shift their loads. It presents the influence of load shifting on retailer profit and risk management in market environment. In this problem, retailer participates in bilateral contract, also stochastic programming is used to manage the uncertainties of pool prices and elasticity of consumer. It shows that by participating retailer in market contract, the retailer profit will be changed. This paper also analyzes the consumer behavior when the load is shifted from the time with high price to the time with low price. The tariff of demand response program used in this paper is Time of use pricing for the periods of week. Risk Measuring is done by Value at Risk (VaR) and Conditional Value at Risk (CVaR) in this study.

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Paper COI Code

This Paper COI Code is JR_SPRE-2-4_005. Also You can use the following address to link to this article. This link is permanent and is used as an article registration confirmation in the Civilica reference:

https://civilica.com/doc/897060/

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Apornak, Kourosh and Soleymani, Soodabeh and Faghihi, Faramarz and Mozafari, Babak,1397,Impact of Load Shifting on the Profit of Electricity Retailer based on Demand Response and Risk Management,https://civilica.com/doc/897060

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Scientometrics

The specifications of the publisher center of this Paper are as follows:
Type of center: Azad University
Paper count: 37,309
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