IEEE Transactions on Power Apparatus and Systems · 1980 · 381 citations · 3 references
ManagementOperations ManagementEnergy EconomicsEnergy ManagementEnergy SystemsDistributed Energy ResourcesElectricity MarketsEnergy MeteringFrequency ControlFrequency RegulationPower ControlAdaptive Frequency ControlAdaptive Power ControlEquilibriumMeteringPosted PricingSupply And DemandSupply-demand Balancing
Distribution Automation and Control systems can significantly affect costs, social impacts, and the power system, but it is unclear which control modes best exploit their capabilities, and homeostatic control is a new, untried concept. The paper explores homeostatic utility control as a promising concept for future power system evolution. Homeostatic utility control maintains supply–demand equilibrium by using an Energy Marketplace with time‑varying spot prices for longer‑term balancing and a Frequency Adaptive Power Energy Rescheduler for rapid adjustments, while a Marketing Interface to Customer records usage and cost, allowing customers to choose consumption patterns.
Distribution Automation and Control (DAC) systems have potentially major effects on costs, social impacts, and even on the nature of the power system itself, especially as dispersed storage, generation, and customer interaction become more prevalent. However, at the present time, it is not clear which particular modes of control will best exploit the capabilities of DAC. Homeostatic Utility Control is an overall concept which tries to maintain an internal equilibrium between supply and demand. Equilibrating forces are obtained over longer time scales (5 minutes and up) by economic principles through an Energy Marketplace using time-varying spot prices. Faster supply-demand balancing is obtained by employing "governor-type" action on certain types of loads using a Frequency Adaptive Power Energy Rescheduler (FAPER) to assist or even replace conventional turbine-governed systems and spinning reserve. Conventional metering is replaced by a Marketing Interface to Customer (MIC) which, in addition to measuring power usage, multiplies that usage by posted price and records total cost. Customers retain the freedom to select their consumption patterns. Homeostatic control is a new, untried concept. It is discussed in this paper because its great potential makes it a vehicle for interesting discussions of where the future may actually evolve.
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Fred C. Schweppe, Richard D. Tabors, James L. Kirtley et al. · IEEE Transactions on Power Apparatus and Systems · 1980 · 381 citations