Demand response (DR) has the potential to improve electric grid reliability and reduce system operation costs. However, including DR in grid modeling can be difficult due to its variable and non-traditional response characteristics, compared to traditi...
June 4, 2015
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Demand response (DR) has the potential to improve electric grid reliability and reduce system operation costs. However, including DR in grid modeling can be difficult due to its variable and non-traditional response characteristics, compared to traditional generation. Therefore, efforts to value the participation of DR in procurement of grid services have been limited. In this report, we present methods and tools for predicting demand response availability profiles, representing their capability to participate in capacity, energy, and ancillary services. With the addition of response characteristics mimicking those of generation, the resulting profiles will help in the valuation of the participation of demand response through production cost modeling, which informs infrastructure and investment planning.