Impact of Demand Response on Thermal Generation Investment With High Wind Penetration

@article{Jin2013ImpactOD,
  title={Impact of Demand Response on Thermal Generation Investment With High Wind Penetration},
  author={Shan Jin and Audun Botterud and Sarah M. Ryan},
  journal={2014 IEEE PES General Meeting | Conference & Exposition},
  year={2013},
  pages={1-1}
}
We present a stochastic programming model for investments in thermal generation capacity to study the impact of demand response (DR) at high wind penetration levels. The investment model combines continuous operational constraints and wind scenarios to represent the implications of wind variability and uncertainty at the operational level. DR is represented in terms of linear price-responsive demand functions. A numerical case study based on load and wind profiles of Illinois is constructed… CONTINUE READING