caa a22 4500 606233075 CHVBK 20210128101230.0 cr unu---uuuuu 210128e20151001xx s 000 0 eng 10.1007/s10287-015-0241-2 doi (NATIONALLICENCE)springer-10.1007/s10287-015-0241-2 Boomer-Consumer: a model for load consumption and reserve offers in reserve constrained electricity markets [Elektronische Daten] [Nigel Cleland, Golbon Zakeri, Geoff Pritchard, Brent Young] A model to determine the optimal consumption level and associated reserve offer for a large consumer in a co-optimised electricity market is presented. The method uses numerical simulation along with a full representation of the New Zealand electricity market dispatch model. Uncertainty is introduced through the use of stochastic demand sampling. We approach this process in three phases: phase one contains simulations to determine potential energy and reserve prices under uncertainty. Phase two uses a dynamic programming method, adapted from a generator model, to determine the optimal reserve offer. Phase three is the repetition of phase one with the optimal reserve offer intact. The model has been applied to a user in New Zealand and initial results have been presented. The model approached a theoretical maximum profitability when used as an input to a site curtailment response strategy. Springer-Verlag Berlin Heidelberg, 2015 Stochastic optimisation nationallicence Demand response nationallicence Co-optimised electricity markets nationallicence Ancillary services nationallicence N-1 reserve nationallicence Cleland Nigel Department of Chemical Engineering, University of Auckland, Auckland, New Zealand aut Zakeri Golbon Department of Engineering Science, University of Auckland, Auckland, New Zealand aut Pritchard Geoff Department of Mathematics and Statistics, University of Auckland, Auckland, New Zealand aut Young Brent Department of Chemical Engineering, University of Auckland, Auckland, New Zealand aut Computational Management Science Springer Berlin Heidelberg 12/4(2015-10-01), 519-537 1619-697X 12:4<519 2015 12 10287 https://doi.org/10.1007/s10287-015-0241-2 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10287-015-0241-2 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Cleland Nigel Department of Chemical Engineering, University of Auckland, Auckland, New Zealand aut NATIONALLICENCE 700 1- Zakeri Golbon Department of Engineering Science, University of Auckland, Auckland, New Zealand aut NATIONALLICENCE 700 1- Pritchard Geoff Department of Mathematics and Statistics, University of Auckland, Auckland, New Zealand aut NATIONALLICENCE 700 1- Young Brent Department of Chemical Engineering, University of Auckland, Auckland, New Zealand aut NATIONALLICENCE 773 0- Computational Management Science Springer Berlin Heidelberg 12/4(2015-10-01), 519-537 1619-697X 12:4<519 2015 12 10287