The intermittent nature of renewable energy resources creates extra challenges in the operation and control of the electricity grid. Demand flexibility markets can help in dealing with these challenges by introducing incentives for customers to modify their demand. Market-based demand-side management (DSM) have garnered serious attention lately due to its promising capability of maintaining the balance between supply and demand, while also keeping customer satisfaction at its highest levels. Many researchers have proposed using concepts from mechanism design theory in their approaches to market-based DSM. In this work, we provide a review of the advances in market-based DSM using mechanism design. We provide a categorisation of the reviewed literature and evaluate the strengths and weaknesses of each design criteria. We also study the utility function formulations used in the reviewed literature and provide a critique of the proposed indirect mechanisms. We show that despite the extensiveness of the literature on this subject, there remains concerns and challenges that should be addressed for the realistic implementation of such DSM approaches. We draw conclusions from our review and discuss possible future research directions.
翻译:可再生能源的间歇性在电力网的运作和控制方面造成了额外的挑战。需求灵活性市场可以通过鼓励客户改变需求来帮助应对这些挑战。基于市场的需求方管理最近由于具有保持供求平衡的良好能力而引起人们的认真关注,同时也使客户保持最高水平的满意度。许多研究人员提议在对待基于市场的DSM的方法中采用机制设计理论的概念。在这项工作中,我们利用机制设计来审查基于市场的DSM的进展。我们对经过审查的文献进行分类,评价每项设计标准的优缺点。我们还研究了在所审查的文献中使用的效用功能配方,并对拟议的间接机制提出了批评。我们表明,尽管有关这个问题的文献范围很广,但在现实地实施DSM方法方面,仍然存在关切和挑战。我们从我们的审查中得出结论,并讨论今后可能的研究方向。