Optimal emergency demand response program integrated with multi-objective dynamic economic emission dispatch problem

Abstract

<em>Nowadays, demand response programs (DRPs) play an important role in price reduction and reliability improvement. In this paper, an optimal integrated model for the emergency demand response program (EDRP) and dynamic economic emission dispatch (DEED) problem has been developed. Customer's behavior is modeled based on the price elasticity matrix (PEM) by which the level of DRP is determined for a given type of customer. Valve-point loading effect, prohibited operating zones (POZs), and the other non-linear constraints make the DEED problem into a non-convex and non-smooth multi-objective optimization problem. In the proposed model, the fuel cost and emission are minimized and the optimal incentive is determined simultaneously. The imperialist competitive algorithm (ICA) has solved the combined problem. The proposed model is applied on a ten units test system and results indicate the practical benefits of the proposed model. Finally, depending on different policies, DRPs are prioritized by using strategy success indices.</em>