A direct load control (DLC) scheme of air conditioning loads (ACL) considering direct monetary compensation to ACL customers for the service interruption caused by the DLC program is proposed in this paper for restructured power systems. The nodal interrupted energy assessment rate (NIEAR), which is used as the bids from the ACL customers, is utilized to determine the direct monetary compensation to the ACL customers. The proposed scheme was investigated for the PoolCo electricity market. The optimal DLC scheme is determined based on the minimum system operating cost which is comprised of the system energy cost, the system spinning reserve cost and the compensation cost to the ACL customers. Dynamic programming (DP) was used to obtain the optimal DLC scheme. The IEEE reliability test system (RTS) was studied to illustrate the proposed DLC scheme.
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- Air conditioning loads
- Nodal interrupted energy assessment rate
- Direct load control
- Restructured power systems
- Dynamic programming