IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v405y2026ics0306261925019439.html

Optimal operation strategy for building users considering asynchronous information release in multi-type demand response markets to mitigate building-grid interaction risks

Author

Listed:
  • Zhen, Cheng
  • Tian, Zhe
  • Niu, Jide
  • Lu, Yakai
  • Liang, Chuanzhi

Abstract

Building users, as ideal demand response participants, have been proven to effectively adapt to the time-of-use (TOU) pricing and provide multiple auxiliary services. The asynchronous release of TOU pricing and peak shaving ancillary service information by the grid operator leads to challenges in flexible resource allocation for building users. Research indicates that the lack of a flexibility resource allocation strategy not only significantly reduces the benefits for building users but also increases the risk of flexibility resource shortages in random demand response scenarios. To address this issue, this study explores multi-market demand response strategies for building users. First, a hybrid scenario theoretical optimal dispatch method is proposed to quantify the theoretically optimal economic benefits and load reduction capability when participating in both TOU pricing and peak shaving. Then, considering the unpredictability of peak shaving events, a reserved peak shaving capability optimal dispatch method is developed, which is particularly suitable for real-world market environments. This method introduces a power reserve coefficient to allocate the available capability of stationary energy storage devices across different market scenarios. Lastly, the proposed models are applied to the electricity market in Shenzhen, China. The results indicate that optimizing solely for economic efficiency in a single scenario leads to a theoretical economic loss of 5.6 % and a peak shaving capability loss of nearly 900 kW. The reserved peak shaving capability optimal dispatch method achieves an increase in declared response quantities ranging from 79 kW to 448 kW. The effectiveness of the method is further validated by adjusting the frequency of peak shaving events, achieving a maximum operating cost reduction of 5.66 %. Finds show that the proposed method can enhance the load reduction capability of building users in response to random peak shaving events and improve the economic benefits of hybrid scenarios.

Suggested Citation

  • Zhen, Cheng & Tian, Zhe & Niu, Jide & Lu, Yakai & Liang, Chuanzhi, 2026. "Optimal operation strategy for building users considering asynchronous information release in multi-type demand response markets to mitigate building-grid interaction risks," Applied Energy, Elsevier, vol. 405(C).
  • Handle: RePEc:eee:appene:v:405:y:2026:i:c:s0306261925019439
    DOI: 10.1016/j.apenergy.2025.127213
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261925019439
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.apenergy.2025.127213?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:405:y:2026:i:c:s0306261925019439. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.