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DOI10.1016/j.enpol.2020.111918
Assessing the impact of a demand-resource bidding market on an electricity generation portfolio and the environment
Hyun M.; Kim Y.J.; Eom J.
发表日期2020
ISSN03014215
卷号147
英文摘要Although numerous studies have examined the economic benefits of demand response programs, the environmental impacts of such programs have been relatively underexplored. This study assesses the impact of demand resource bidding on the wholesale energy market and the environment, based on three years of high temporal-resolution data from Korea. In this demand resource bidding program, successful bidders were paid the system marginal price for reducing their electrical load at a given hour, which in turn reduced the generation of power from various technologies. This investigation of how carbon dioxide and particulate matter emissions from existing power systems changed with the introduction of the demand bidding program finds that the program altered the system operator's electricity generation portfolio and marginally abated carbon dioxide and particulate matter emissions from the power sector. It also shows that the environmental impact of the program varied over the course of the day and the year. The modest but statistically significant environmental impact of the demand resource bidding program points to the importance of including electricity demand resources in the discussion and development of energy and environmental policies for the power sector. © 2020 Elsevier Ltd
关键词Demand responseDemand-resourceEnvironmentGeneration portfolio
英文关键词Carbon dioxide; Commerce; Electric loads; Electric power generation; Environmental protection; Particles (particulate matter); Demand response programs; Electricity generation; Environmental policy; High temporal resolution; Particulate matter emissions; System marginal price; Various technologies; Wholesale energy market; Environmental impact; demand analysis; electricity generation; energy market; energy resource; environmental impact; Korea
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/204708
作者单位College of Business, Korea Advanced Institute of Science and Technology (KAIST), 85 Hoegi-ro Dongdaemun-gu, Seoul, South Korea; RFF-CMCC European Institute on Economics and the Environment (EIEE), Via Bergognone 34, Milano, 20144, Italy
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Hyun M.,Kim Y.J.,Eom J.. Assessing the impact of a demand-resource bidding market on an electricity generation portfolio and the environment[J],2020,147.
APA Hyun M.,Kim Y.J.,&Eom J..(2020).Assessing the impact of a demand-resource bidding market on an electricity generation portfolio and the environment.Energy Policy,147.
MLA Hyun M.,et al."Assessing the impact of a demand-resource bidding market on an electricity generation portfolio and the environment".Energy Policy 147(2020).
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