Demand response through a temperature setpoint market in Ontario

Sahil Singla, Srinivasan Keshav

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 Scopus citations

Abstract

The electrical grid is designed to meet peak loads, which may occur for only a few hours each year. Consequently, there are significant economic gains from a reduction in the peak load. Air conditioner (AC) load from residential buildings forms a significant portion of peak summer loads. The existing 'peaksaver' program in Ontario attempts to reduce AC loads by setting thermostats a few degrees higher in volunteer households on hot summer days. This has had only a limited success. To address this issue, we propose a scheme that provides monetary incentive for participation. We describe the operation of this 'temperature market' and demonstrate its effectiveness with a heterogeneous population of potential participants. We find that even a payment of $2 per hour of setback can reduce grid operating costs by $688 million over a period of 20 years.

Original languageEnglish (US)
Title of host publication2012 IEEE 3rd International Conference on Smart Grid Communications, SmartGridComm 2012
Pages103-108
Number of pages6
DOIs
StatePublished - 2012
Event2012 IEEE 3rd International Conference on Smart Grid Communications, SmartGridComm 2012 - Tainan, Taiwan, Province of China
Duration: Nov 5 2012Nov 8 2012

Publication series

Name2012 IEEE 3rd International Conference on Smart Grid Communications, SmartGridComm 2012

Other

Other2012 IEEE 3rd International Conference on Smart Grid Communications, SmartGridComm 2012
Country/TerritoryTaiwan, Province of China
CityTainan
Period11/5/1211/8/12

All Science Journal Classification (ASJC) codes

  • Computer Networks and Communications
  • Communication

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