paper-with-me

홈 › Papers

Distribution Locational Marginal Pricing Under Uncertainty Considering Coordination of Distribution and Wholesale Markets

2021-10-14 · Zongzheng Zhao, Yixin Liu, Li Guo, Linquan Bai, Chengshan Wang

An effective distribution electricity market (DEM) is required to manage the rapidly growing small-scale distributed energy resources (DERs) in distribution systems (DSs). This paper proposes a day-ahead DEM clearing and pricing mechanism to account for the uncertainty of DERs and the coordination with the wholesale electricity market (WEM) through a bi-level model. The upper-level model clears the WEM in the transmission system (TS) and forms the locational marginal price (LMP) and uncertainty LMP (ULMP) for energy and uncertainty/reserve, respectively. In the lower level, a robust scheduling model considering WEM-DEM coordination and uncertainties is proposed to clear the DEM. Accordingly, the distribution LMPs (DLMPs) for active power, reactive power and uncertainty/reserve are derived to reward the energy/reserve provision and charge uncertain resources in the DEM, which provide effective price signals for managing not only the voltage and congestion, but also the uncertainty in DSs. A heterogeneous decomposition (HGD) algorithm is utilized to solve the bi-level model in a decentralized manner with limited information interaction between TS and DSs, which guarantees the solution efficiency and information privacy. The effectiveness of the proposed method is verified via numerous case studies.

📄 PDF Abstract BibTeX arXiv:2110.07391

Code (0)

등록된 구현이 없습니다.

Tasks

Scheduling

Methods 이 논문이 사용한 방법론

TS Spatio-temporal features extraction that measure the stabilty. The proposed method is based on a compression algorithm named Run Length Encoding. The workflow of the method is…

Similar Papers 제목 키워드 기반

Pricing Multi-Interval Dispatch under Uncertainty Part I: Dispatch-Following Incentives

2019-11-13 · Ye Guo, Cong Chen, Lang Tong

Pricing multi-interval economic dispatch of electric power under operational uncertainty is considered in this two-part paper. Part I investigates dispatch-following incentives of profit-maximizing generators and shows t…

Pricing Multi-Interval Dispatch under Uncertainty Part II: Generalization and Performance

2020-10-27

Pricing multi-interval economic dispatch of electric power under operational uncertainty is considered in this two-part paper. Part I investigates dispatch-following incentives for generators under the locational margina…

Pricing Energy Storage in Real-time Market

2021-01-25 · Cong Chen, Lang Tong, Ye Guo

The problem of pricing utility-scale energy storage resources (ESRs) in the real-time electricity market is considered. Under a rolling-window dispatch model where the operator centrally dispatches generation and consump…

Pricing Real-time Stochastic Storage Operations

2022-04-18 · Cong Chen, Lang Tong

Pricing storage operation in the real-time market under demand and generation stochasticities is considered. A scenario-based stochastic rolling-window dispatch model is formulated for the real-time market, consisting of…

Wholesale Market Participation of Storage with State-of-Charge Dependent Bids

2022-10-08 · Cong Chen, Lang Tong

Wholesale market participation of storage with state-of-charge (SoC) dependent bids results in a non-convex cost in a multi-interval economic dispatch, which requires a mixed-integer linear program in the market clearing…