A Techno-Economic Analysis of an IEEE 39 Sustainable Grid Bus for DSM on Load Flexibility Options

To estimate the flexibility and benefit of the system integration of demand side management (DSM), this paper evaluates the techno-economic aspects of DSM in a sustainable 39 -bus grid with renewable energy sources (RES) and load flexibility options (e.g., time flexible, temperature flexible, and light flexible). This 39-bus impedances have been adopted from southern power grid of Bangladesh and IEEE 39 bus system. By including environmental considerations, integration of RES in the system a sustainable grid consideration implemented. The findings demonstrate that load shifting and reduction by DSM may take the place of load shedding and can also balance transient fluctuations. Analysis of DSM’s effects on other flexibility choices reveals that, while baseload power plants see an increase in both, peak load plants get a decrease in utilization and contribution margin. DSM causes a countrywide increase in power consumption by reducing imports and exports.