Optimal Price Strategy of Distribution System Considering Demand Side Response of Multiple Types of Flexible Loads

Abstract

The scale of demand-side flexible loads in the power grid is increasing, and the operational efficiency of the distribution system (DS) can be improved through demand-side management. In this paper, a DS demand-side pricing model with cooperative response is developed for three representative flexible loads, namely, electric vehicle charging stations, large industrial users with energy storage, and air conditioning clusters. As well as the solution method of this model is given. Finally, the effectiveness of the proposed method is verified on a modified IEEE-37 distribution network.