Modelling and economic analysis of DSM programs in generation planning

Research output: Contribution to journalArticle

35 Citations (Scopus)

Abstract

This paper presents a technique to model demand-side management programs into production costing analyses within the framework of equivalent load duration curve and frequency and duration method. The technique allows a single simulation to study probabilistically the impact of DSM on loss-of-load probability, energy not served, energy consumption and cycling costs of power plants. Also the importance of incorporating the cycling costs of power plants in the cost-effectiveness analysis of DSM programs is presented. Comparable results are achieved when the technique is tested against the avoided cost method of two simulations by applying them to IEEE RTS data. The results also reveal that avoided start-up cost is a major benefit of DSM. The applicability of the paper is relevant to vertically integrated utilities.

Original languageEnglish
Pages (from-to)413-419
Number of pages7
JournalInternational Journal of Electrical Power and Energy Systems
Volume23
Issue number5
DOIs
Publication statusPublished - Jun 2001

Fingerprint

Economic analysis
Planning
Costs
Power plants
Loss of load probability
Cost effectiveness
Energy utilization

Keywords

  • Demand side management
  • Integrated resource planning
  • Probabilistic production costing

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

Cite this

Modelling and economic analysis of DSM programs in generation planning. / Malik, A. S.

In: International Journal of Electrical Power and Energy Systems, Vol. 23, No. 5, 06.2001, p. 413-419.

Research output: Contribution to journalArticle

@article{1942a794a9f74af09cdac3a271ca681d,
title = "Modelling and economic analysis of DSM programs in generation planning",
abstract = "This paper presents a technique to model demand-side management programs into production costing analyses within the framework of equivalent load duration curve and frequency and duration method. The technique allows a single simulation to study probabilistically the impact of DSM on loss-of-load probability, energy not served, energy consumption and cycling costs of power plants. Also the importance of incorporating the cycling costs of power plants in the cost-effectiveness analysis of DSM programs is presented. Comparable results are achieved when the technique is tested against the avoided cost method of two simulations by applying them to IEEE RTS data. The results also reveal that avoided start-up cost is a major benefit of DSM. The applicability of the paper is relevant to vertically integrated utilities.",
keywords = "Demand side management, Integrated resource planning, Probabilistic production costing",
author = "Malik, {A. S.}",
year = "2001",
month = "6",
doi = "10.1016/S0142-0615(00)00077-6",
language = "English",
volume = "23",
pages = "413--419",
journal = "International Journal of Electrical Power and Energy Systems",
issn = "0142-0615",
publisher = "Elsevier Limited",
number = "5",

}

TY - JOUR

T1 - Modelling and economic analysis of DSM programs in generation planning

AU - Malik, A. S.

PY - 2001/6

Y1 - 2001/6

N2 - This paper presents a technique to model demand-side management programs into production costing analyses within the framework of equivalent load duration curve and frequency and duration method. The technique allows a single simulation to study probabilistically the impact of DSM on loss-of-load probability, energy not served, energy consumption and cycling costs of power plants. Also the importance of incorporating the cycling costs of power plants in the cost-effectiveness analysis of DSM programs is presented. Comparable results are achieved when the technique is tested against the avoided cost method of two simulations by applying them to IEEE RTS data. The results also reveal that avoided start-up cost is a major benefit of DSM. The applicability of the paper is relevant to vertically integrated utilities.

AB - This paper presents a technique to model demand-side management programs into production costing analyses within the framework of equivalent load duration curve and frequency and duration method. The technique allows a single simulation to study probabilistically the impact of DSM on loss-of-load probability, energy not served, energy consumption and cycling costs of power plants. Also the importance of incorporating the cycling costs of power plants in the cost-effectiveness analysis of DSM programs is presented. Comparable results are achieved when the technique is tested against the avoided cost method of two simulations by applying them to IEEE RTS data. The results also reveal that avoided start-up cost is a major benefit of DSM. The applicability of the paper is relevant to vertically integrated utilities.

KW - Demand side management

KW - Integrated resource planning

KW - Probabilistic production costing

UR - http://www.scopus.com/inward/record.url?scp=0035371648&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0035371648&partnerID=8YFLogxK

U2 - 10.1016/S0142-0615(00)00077-6

DO - 10.1016/S0142-0615(00)00077-6

M3 - Article

AN - SCOPUS:0035371648

VL - 23

SP - 413

EP - 419

JO - International Journal of Electrical Power and Energy Systems

JF - International Journal of Electrical Power and Energy Systems

SN - 0142-0615

IS - 5

ER -