Economic and Operational Implications of Demand Charge for Distribution Systems with Renewable Energy

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dc.contributor.affiliationElectric Power Research Institute, State Grid Shanghai Municipal Electric Power Company
dc.contributor.affiliationState Grid Shanghai Municipal Electric Power Company
dc.contributor.affiliationShanghai Jiao Tong University
dc.contributor.affiliationShanghai Jiao Tong University
dc.contributor.affiliationShanghai Jiao Tong University
dc.contributor.authorFang, Chen
dc.contributor.authorCao, Weibin
dc.contributor.authorZhang, Duanhong
dc.contributor.authorFeng, Donghan
dc.contributor.authorLiu, Zeyu
dc.contributor.countryChina
dc.contributor.countryChina
dc.contributor.countryChina
dc.contributor.countryChina
dc.contributor.countryChina
dc.contributor.detailedauthorfang, chen, Electric Power Research Institute, State Grid Shanghai Municipal Electric Power Company, China
dc.contributor.detailedauthorCao, Weibin, State Grid Shanghai Municipal Electric Power Company, China
dc.contributor.detailedauthorZhang, Duanhong, Shanghai Jiao Tong University, China
dc.contributor.detailedauthorFeng, Donghan, Shanghai Jiao Tong University, China
dc.contributor.detailedauthorLiu, Zeyu, Shanghai Jiao Tong University, China
dc.date.accessioned2019-12-19T18:20:47Z
dc.date.available2019-12-19T18:20:47Z
dc.date.conferencedate7 - 8 June 2018
dc.date.issued2018-06-07
dc.description.abstractDemand charge is a tariff option widely used in commercial and industrial sectors. As the demand charge bills on the peak load within a specified period, it is considered a useful pricing tool when the net electricity usage is declining due to distributed renewable integration. We study the retail tariff design problem with demand charge to maximize the social welfare while maintains the utility’s break-even constraint. A Stackelberg game model is adopted to describe the interactions between the retailer and consumers. The tariff design problem is then formulated as a bi-level programming model and transformed into a mathematical program with equilibrium constraints (MPEC). Real-world demand and tariff data are used to show the economic and operational benefits of three different tariff designs.
dc.description.conferencelocationLjubljana, Slovenia
dc.description.conferencenameCIRED 2018 Ljubljana Workshop
dc.description.openaccessYes
dc.description.peerreviewedYes
dc.description.sessionBusiness models, roles, responsibilities and regulatory aspects
dc.description.sessionid1
dc.identifier.isbn978-2-9602415-1-8
dc.identifier.issn2032-9628
dc.identifier.urihttps://www.cired-repository.org/handle/20.500.12455/1226
dc.identifier.urihttp://dx.doi.org/10.34890/364
dc.language.isoen
dc.publisherAIM
dc.relation.ispartProc. of CIRED 2018 Ljubljana Workshop
dc.relation.ispartofseriesCIRED Workshop Proceedings
dc.titleEconomic and Operational Implications of Demand Charge for Distribution Systems with Renewable Energy
dc.title.number0183
dc.typeConference Proceedings
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