Abstract
Since the hourly spot market price is available one day ahead in Denmark, the price could be transferred to the consumers and they may shift some of their loads from high price periods to the low price periods in order to save their energy costs. The optimal load response to an electricity price for demand side management generates different load profiles and may provide an opportunity to improve the small signal stability of power systems with high wind power penetrations. In this paper, the idea of power system small signal stability improvement by using optimal load response to the electricity price is proposed. A 17-bus power system with high wind power penetrations, which resembles the Eastern Danish power system, is chosen as the study case. Simulation results show that the optimal load response to electricity prices is an effective measure to improve the small signal stability of power systems with high wind power penetrations.
Original language | English |
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Title of host publication | Proceedings of the 46th IEEE International Universities’ Power Engineering Conference (UPEC2011) |
Number of pages | 6 |
Publisher | IEEE Press |
Publication date | 2011 |
ISBN (Print) | 978-3-8007-3402-3 |
Publication status | Published - 2011 |
Event | 46th IEEE International Universities’ Power Engineering Conference (UPEC2011) - Soest , Germany Duration: 5 Sept 2011 → 8 Sept 2011 |
Conference
Conference | 46th IEEE International Universities’ Power Engineering Conference (UPEC2011) |
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Country/Territory | Germany |
City | Soest |
Period | 05/09/2011 → 08/09/2011 |
Keywords
- Small signal stability
- Optimal load response
- Electricity price
- Electricity market