Spinning reserve cost evaluation considering demand response effect

@article{Kim2012SpinningRC,
  title={Spinning reserve cost evaluation considering demand response effect},
  author={Young-Hyun Kim and H. K. Kwag and Jin-O Kim},
  journal={2012 International Conference on Systems and Informatics (ICSAI2012)},
  year={2012},
  pages={653-658}
}
In power system, spinning reserve is one of the important indicators of power system security. Regarding spinning reserve as an important factor, spinning reserve cost has been appropriated highly. This paper proposes a method for decreasing spinning reserve cost using demand respond (DR) program. The effect of DR is focused on the aspect of decrease effect of spinning reserve cost. In order to present the effect of DR, demand-price elasticity matrix is used in this paper. DR program is modeled… CONTINUE READING