Multiple DRPs to maximise the techno-economic benefits of the distribution network

Abstract

This study addresses a demand response programme (DRP) model considering the price elasticity of demand to determine the peak scheduling for different categories of consumers with the possibility of load shifting. The main objective is to minimise daily energy loss and improvement in the node voltage profile of distribution system along with the economic benefits of different stakeholders. The proposed work helps in appropriate selection of DRP for different feeders/consumers. The investigations are performed on a benchmark 33-bus test distribution system and comprehensive analysis is illustrated through simulation results.

Keywords

• pricing
• power distribution economics
• scheduling
• demand side management
• distribution networks
• power distribution control
• distributed power generation
• 33-bus test distribution system
• different feeders/consumers
• node voltage profile
• daily energy loss
• load shifting
• peak scheduling
• demand response programme model
• distribution network
• techno-economic benefits
• multiple drps