Abstract
We consider a distribution grid interconnecting a number of consumers with flexible power consumption. Each consumer is under the jurisdiction of exactly one balancing responsible party (BRP), who buys energy at a day-ahead electricity market on behalf of the consumer. We illustrate how BRPs can utilize the flexibility of the consumers to minimize the imbalance between the consumed and the purchased energy thereby avoiding trading balancing energy at unfavorable prices. Further we show how shadow prices on the distribution lines can be used to
resolve grid congestion without information sharing between the BRPs.
resolve grid congestion without information sharing between the BRPs.
Original language | English |
---|---|
Title of host publication | 8th IFAC Symposium on Power Plant and Power System Control |
Number of pages | 6 |
Place of Publication | Toulouse France |
Publisher | Elsevier |
Publication date | 2012 |
Pages | 518-523 |
ISBN (Print) | 978-3-902823-24-3 |
DOIs | |
Publication status | Published - 2012 |
Event | 8th IFAC Symposium on Power Plant and Power System Control - Toulouse, France Duration: 2 Sept 2012 → 5 Sept 2012 |
Conference
Conference | 8th IFAC Symposium on Power Plant and Power System Control |
---|---|
Country/Territory | France |
City | Toulouse |
Period | 02/09/2012 → 05/09/2012 |
Series | I F A C Workshop Series |
---|---|
ISSN | 1474-6670 |
Keywords
- Predictive control
- Smart power applications
- Dual composition control