1. Differentiated Incentive Strategy for Demand Response in Electric Market Considering the Difference in User Response Flexibility
- Author
-
Di Liu, Yi Sun, Bin Li, Xie Xiangying, and Lu Yudong
- Subjects
Flexibility (engineering) ,Mathematical optimization ,Service (systems architecture) ,General Computer Science ,Computer science ,020209 energy ,020208 electrical & electronic engineering ,General Engineering ,Stability (learning theory) ,Particle swarm optimization ,02 engineering and technology ,Demand response ,Incentive ,Order (exchange) ,0202 electrical engineering, electronic engineering, information engineering ,Demand response (DR) ,user response behavior model ,General Materials Science ,Energy market ,LSTM-PSO optimization strategy ,lcsh:Electrical engineering. Electronics. Nuclear engineering ,differentiated incentive ,lcsh:TK1-9971 - Abstract
In demand response programs, load service entity (LSE) can aggregate user as an independent entity to participate in the day ahead energy market, and complete the response target through incentive in the next day. In order to reduce the incentive cost of LSE, a differentiated incentive mechanism that consider the differences in user response flexibility is proposed in this paper. Then, a user response behavior model is established by using the long short-term memory (LSTM) network, with aim of accurately predicting users' response. Subsequently, an optimization strategy combining particle swarm (PSO) and LSTM is proposed, so that the response target can be accurately completed with low cost. Simulation experiments verified that the cost of LSE is close to the theoretical minimum, and can be reduced by 20% compared with the optimal result under unified incentive mechanism. Moreover, it also verified that the proposed strategy has high response accuracy and good stability.
- Published
- 2020