Optimal Modeling and Prioritizing of the Demand Response Programs Considering Non-linear Responsive Load Models

Demand Response Programs (DRPs) play an important role in price reduction and reliability improvement in the electrical grids. On the other hand optimal and exact modeling of DRPs can be so effective in the load curve estimation with the lowest error. In this paper the linear and non-linear models of the incentive and price based DRPs have been developed. Modeling is based on the price elasticity matrix (PEM) and customer’s benefit function. Also, the effects of implementation of DRPs on the load curve characteristics such as the load factor, peak to valley, and peak compensate have been investigated. Finally based on different independent system operator’s (ISO’s) policies, DRPs are prioritized using strategy success indexes (SSI).