Research on the Economic Operation Value Evaluation of the Demand Side Resources

The economic value analysis of Demand Side Resources (DSR) can help to reasonably evaluate the economic value of DSR, guide the effective allocation of power resources, and improve the operational efficiency of the entire power system. By evaluating the value of DSR, it can provide a basis for the design of the electricity market and promote the improvement of market mechanisms. This article constructs a comprehensive value system and quantitative model for electricity DSRs, and constructs a comprehensive value system for electricity DSRs from three dimensions: the intrinsic value, market value, and social value of electricity DSRs; And quantitative modeling was conducted on the value indicators of each dimension. Proposed a demand side resource value assessment model and utilization strategy for electricity. Taking the operation of a summer power grid in a certain area as an example, three types of DSRs, namely residential load, industrial load, and integrated load merchants, were selected for value assessment and utilization strategy verification. The results indicate that the comprehensive value system, indicator quantification model, and value evaluation model of electricity DSRs constructed in this question have strong feasibility and practicality, and can provide important support for power grid enterprises when calling on DSRs.

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Published
2024-11-01
DOI
https://doi.org/10.1109/mlbdbi63974.2024.10823974
Primary Topic
Evaluation and Optimization Models
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article
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article

Research on the Economic Operation Value Evaluation of the Demand Side Resources

Wenyi Sun, Shangchen Yang, Youxia Cao, Shikang Zhang et al.
Evaluation and Optimization Models
article

Research on the Economic Operation Value Evaluation of the Demand Side Resources

Wenyi Sun, Shangchen Yang, Youxia Cao, Shikang Zhang, Hailong Tao, Shuyou Wang, Yang Xue, Yuqing Duan, Zhi Li, Pin Wang
article en

Abstract

The economic value analysis of Demand Side Resources (DSR) can help to reasonably evaluate the economic value of DSR, guide the effective allocation of power resources, and improve the operational efficiency of the entire power system. By evaluating the value of DSR, it can provide a basis for the design of the electricity market and promote the improvement of market mechanisms. This article constructs a comprehensive value system and quantitative model for electricity DSRs, and constructs a comprehensive value system for electricity DSRs from three dimensions: the intrinsic value, market value, and social value of electricity DSRs; And quantitative modeling was conducted on the value indicators of each dimension. Proposed a demand side resource value assessment model and utilization strategy for electricity. Taking the operation of a summer power grid in a certain area as an example, three types of DSRs, namely residential load, industrial load, and integrated load merchants, were selected for value assessment and utilization strategy verification. The results indicate that the comprehensive value system, indicator quantification model, and value evaluation model of electricity DSRs constructed in this question have strong feasibility and practicality, and can provide important support for power grid enterprises when calling on DSRs.

State Grid Corporation of China (China) (CN)
Decent work and economic growth
Openalex Percentile: Top 69%
Evaluation and Optimization Models
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Research on the Economic Operation Value Evaluation of the Demand Side Resources — Wenyi Sun, Shangchen Yang, et al. · (2024) | TGRS Research Map | TGRS