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  4. 2025
  5. VOL 47, NO 2 (2025)
  6. pp. 16-35

CONCEPTUAL MODEL OF THE ELECTRICITY MICRO MARKET FOR SOLVING DEMAND MANAGEMENT TASKS

Z.Kh. Borukaiev, V.A. Evdokimov, K.B. Ostapchenko

Èlektron. model. 2025, 47(2):16-35

https://doi.org/10.15407/emodel.47.02.016

ABSTRACT

The paper presents the results of building a conceptual model of the organization of the Electricity
Micro market at the level of the local electric power system (LES) to determine the conditions
for its creation in solving the problems of electricity demand management (Demand
Response). The difference between the proposed approach to the organization of the Micro
market is to consider it in the context of harmonizing the operation of the centralized electricity
market and the Micro market at the level of the power system under the conditions of implementing
the principles of the Smart Grid concept and Demand Response programs using electricity
generation resources and consumer load. In order to implement the tasks of demand
management, it is proposed to introduce new agents — a demand management aggregator and
participants in the demand management program — into the structural and functional scheme
of the conceptual model of Micro market integration. This conceptual model can be the basis
for the development of a pilot project for the construction of the Micro market in the power
system and the means of mathematical and information technology support for its functioning.

KEYWORDS

local electric power system, micro market, pricing process, electricity market, smart grid, demand side management.

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