Load Shifting Versus Manual Frequency Reserve: Which One is More Appealing to Flexible Loads?

Fuente: arXiv
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Main Authors: Gade, Peter A. V., Skjøtskift, Trygve, Ziras, Charalampos, Bindner, Henrik W., Kazempour, Jalal
Format: Preprint
Published: 2023
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author Gade, Peter A. V.
Skjøtskift, Trygve
Ziras, Charalampos
Bindner, Henrik W.
Kazempour, Jalal
author_facet Gade, Peter A. V.
Skjøtskift, Trygve
Ziras, Charalampos
Bindner, Henrik W.
Kazempour, Jalal
contents This paper investigates how a thermostatically controlled load can deliver flexibility either in form of manual frequency restoration reserves (mFRR) or load shifting, and which one is financially more appealing to such a load. A supermarket freezer is considered as a representative flexible load, and a grey-box model describing its temperature dynamics is developed using real data from a supermarket in Denmark. Taking into account price and activation uncertainties, a two-stage stochastic mixed-integer linear program is formulated to maximize the flexibility value from the freezer. For practical reasons, we propose a linear policy to determine regulating power bids, and then linearize the mFRR activation conditions through the McCormick relaxation approach. For computational ease, we develop a decomposition technique, splitting the problem to a set of smaller subproblems, one per scenario. Examined on an out-of-sample simulation based on real Danish spot and balancing market prices in 2022, load shifting shows to be more profitable than mFRR provision, but is also more consequential for temperature deviations in the freezer.
format Preprint
id arxiv_https___arxiv_org_abs_2309_01987
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Load Shifting Versus Manual Frequency Reserve: Which One is More Appealing to Flexible Loads?
Gade, Peter A. V.
Skjøtskift, Trygve
Ziras, Charalampos
Bindner, Henrik W.
Kazempour, Jalal
Systems and Control
This paper investigates how a thermostatically controlled load can deliver flexibility either in form of manual frequency restoration reserves (mFRR) or load shifting, and which one is financially more appealing to such a load. A supermarket freezer is considered as a representative flexible load, and a grey-box model describing its temperature dynamics is developed using real data from a supermarket in Denmark. Taking into account price and activation uncertainties, a two-stage stochastic mixed-integer linear program is formulated to maximize the flexibility value from the freezer. For practical reasons, we propose a linear policy to determine regulating power bids, and then linearize the mFRR activation conditions through the McCormick relaxation approach. For computational ease, we develop a decomposition technique, splitting the problem to a set of smaller subproblems, one per scenario. Examined on an out-of-sample simulation based on real Danish spot and balancing market prices in 2022, load shifting shows to be more profitable than mFRR provision, but is also more consequential for temperature deviations in the freezer.
title Load Shifting Versus Manual Frequency Reserve: Which One is More Appealing to Flexible Loads?
topic Systems and Control
url https://arxiv.org/abs/2309.01987