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SUMMARY:On modeling dispatchable loads in grid operation: the good\, the b
 ad and the ugly - Anna Scaglione (Arizona State University)
DTSTART:20190108T143000Z
DTEND:20190108T153000Z
UID:TALK116764@talks.cam.ac.uk
CONTACT:INI IT
DESCRIPTION:The past ten years of research had produced a variety of model
 s for managing flexible loads\, paving the way for addressing congestion i
 n the grid by enabling a more efficient dynamic pricing of electricity. &n
 bsp\;However\, real change has been hard to come by in practice. The goal 
 of this talk is to review such models\, highlighting the difference betwee
 n distributed algorithms\, that seek to decompose the problem\,&nbsp\; and
  aggregate representations that map large populations of flexible loads on
 to spinning reserves. The objective is to highlight the challenges that ex
 ist in transforming and remaining compatible with established retail and w
 holesale market practices and legacy systems and how new abstractions&nbsp
 \;may be necessary to rip the benefits of flexible load.
LOCATION:Seminar Room 1\, Newton Institute
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