Effect of demand management on regulated and deregulated electricity sectors

Fahrioglu, Murat
Our society derives a quantifiable benefit from electric power. In particular, forced outages or blackouts have enormous consequences on society, one of which is loss of economic surplus. The society relies on having a continuous supply of electrical energy. Some customers may willingly risk this continuous supply and participate in demand management programs for electrical power. If the power system grid is in trouble, electric utilities need to have demand relief. Customers willing to reduce their demand to help the system can receive an incentive fee for helping the utilities. Demand relief can be system wide or location specific. Sometimes it can be more effective to fix the electrical demand vs. supply imbalance from the demand side. The value of demand management contracts is greatly affected by customer location. Inclusion of locational attributes into the contract design procedure increases the effectiveness of the contracts by helping a utility get more value from its demand management programs. Independent System Operators and regulators, among others, can also benefit from effective demand management. This paper will investigate how this type of demand management contracts can help the electricity sector both in regulated and deregulated environments.


Optimal phasor measurement unit (PMU) placement for the power systems with existing SCADA measurements
Ertürk, Bulut; Göl, Murat; Department of Electrical and Electronics Engineering (2017)
It is extremely important to maintain efficiency, sustainability and reliability of the generation, transmission and distribution of the electrical energy; hence it is mandatory to monitor the system in real time. State estimation has a key role in real time monitoring of a power system. The considered power system has to be observable in order to perform state estimation. Traditionally, power system state estimators employ SCADA measurements. However, as the number of Phasor Measurement Units (PMUs) increa...
Developing optimum operation strategies for wind-hydro hybrid systems
Ercan, Eray; Kentel Erdoğan, Elçin; Department of Civil Engineering (2020)
In today's world, energy is one of the most important drivers for the continuation of civilization. Until recent years, the energy demands of the countries have been mainly supplied by fossil fuels. However, the negative effects of using fossil fuels in energy generation shifted the focus to renewable energy resources. In addition to this, the popularity of renewable energy resources increased as their costs decreased and efficiencies increased. Therefore, the integration of renewable energy systems to nati...
Demand, supply and partial equilibrium analysis of electricity energy pricing for Turkish market
Özdemir, Asena; Kestel, Sevtap Ayşe; Department of Actuarial Sciences (2013)
Electricity energy is a fundamental commodity for all sectors of the economy. For this reason, estimating the factors and their impacts on electricity consumption and production are important to maintain sustainability in electricity energy market. The aim of the study is to determine the association between main macroeconomic and sectorial indicators with electricity consumption and production. For estimating electricity demand, annual electricity consumption, Gross Domestic Product (GDP), electricity tran...
The impact of photovoltaic power plant penetration level on security constrained unit commitment and an approach for reducing curtailment of PV energy
Kahraman, Özgür; Ünver, Baki Zafer; Department of Electrical and Electronics Engineering (2016)
As a main rule of electricity grid, the balance of generation and demand must be maintained. The system operators execute “Unit Commitment (UC)” process in day-ahead market in order to fulfill this aim. The Security Constrained Unit Commitment (SCUC) algorithm creates optimal hourly schedules for generators with minimum total electricity generation cost considering the forecasted hourly demands for the next day and the generation offers while satisfying the constraints of generators and transmission system....
Short-Term Electricity Consumption Forecast using Datasets of Various Granularities
ARSLAN, YUSUF; ŞİMŞEK DİLBAZ, AYBİKE; Ertekin Bolelli, Şeyda; Karagöz, Pınar; Birtürk, Ayşe Nur; Eren, Sinan; KÜÇÜK, DİLEK (2018-09-10)
It is widely known that the generation and consumption of electricity should be balanced for secure operation and maintenance of the electricity grid. In order to help achieve this balance in the grid, the renewable energy resources such as wind and stream-flow should be forecast at high accuracies on the generation side, and similarly, electricity consumption should be forecast using a high-performance system. In this paper, we deal with short-term electricity consumption forecast in Turkey, and conduct va...
Citation Formats
M. Fahrioglu, “Effect of demand management on regulated and deregulated electricity sectors,” ENERGY POLICY, pp. 115–120, 2016, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/63768.