Closed loop elastic demand control by dynamic energy pricing in smart grids

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dc.authoridKAYGUSUZ, ASİM/0000-0003-2905-1816
dc.authorwosidKAYGUSUZ, ASİM/C-2265-2015
dc.contributor.authorKaygusuz, Asim
dc.date.accessioned2024-08-04T20:45:52Z
dc.date.available2024-08-04T20:45:52Z
dc.date.issued2019
dc.departmentİnönü Üniversitesien_US
dc.description.abstractBroadcasting of dynamic energy price signals for consumer's demand response programs (agents) is an effective and feasible way for demand side load management in future smart grids. Particularly, under fluctuating generation conditions of distributed renewable sources, automated and online market management strategies based on dynamic pricing are necessary for persistently conservation of energy balance and reducing the risk of instant energy shortages in the smart grids. This study presents a control theoretic energy market management approach based on closed loop elastic demand control scheme by means of dynamic price signal broadcasting. A PI controller structure is used to regulate energy price signals for demand response agents of smart grid community. Thus, total energy demand can be governed to respond fluctuation of renewable energy generation. To illustrate an application, a renewable energy integrated microgrid management scenario was studied numerically. A first order dynamic system model with a piecewise linear price-demand response is used to represent overall demand elasticity of the microgrid and a renewable energy microgrid simulation scenario is developed in Matlab/Simulink simulation environment. Simulation of 90 MWh peak demand market demonstrate that the closed loop dynamic energy pricing can be useful to control the elastic demand for tracing fluctuating generation of renewable energy sources. It is concluded that dynamic energy pricing can be useful medium for energy demand control. (C) 2019 Elsevier Ltd. All rights reserved.en_US
dc.identifier.doi10.1016/j.energy.2019.04.036
dc.identifier.endpage603en_US
dc.identifier.issn0360-5442
dc.identifier.issn1873-6785
dc.identifier.scopus2-s2.0-85064088891en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage596en_US
dc.identifier.urihttps://doi.org/10.1016/j.energy.2019.04.036
dc.identifier.urihttps://hdl.handle.net/11616/98752
dc.identifier.volume176en_US
dc.identifier.wosWOS:000470939500049en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherPergamon-Elsevier Science Ltden_US
dc.relation.ispartofEnergyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectDemand responseen_US
dc.subjectDynamic energy priceen_US
dc.subjectClosed loop demand controlen_US
dc.subjectRenewable energy integrationen_US
dc.subjectSmart griden_US
dc.titleClosed loop elastic demand control by dynamic energy pricing in smart gridsen_US
dc.typeArticleen_US

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