Market equilibrium of distribution network with alternative energy resources

Mohammad Nikkhah Mojdehi, Prasanta Ghosh, Peter Wilcoxen

Research output: Chapter in Book/Entry/PoemConference contribution

4 Scopus citations

Abstract

Electricity distribution networks are rapidly becoming more complex. Distributed generation (DG) is increasing and some DG units are intermittent renewables such as solar or wind. Moreover, plug-in electric vehicles (EVs) are expected to be deployed in large numbers over the next decade. These changes present opportunities as well as challenges for reliable and efficient operation of distribution networks. In this paper, we present a new stochastic model in which market clearing prices are endogenously determined. Potential suppliers include the main grid supply, a range of different DG technologies within the distribution network, and EVs operated in vehicle-to-grid (V2G) mode. We allow for supply uncertainties for renewable resources and also allow for uncertainties in EV availability for charging and discharging. Using stochastic optimal power flow (SOPF) based on monte-carlo simulation, we analyze the effects of operating distributed energy resources (DERs) on social welfare considering emission taxes.

Original languageEnglish (US)
Title of host publicationIEEE International Conference on Smart Energy Grid Engineering, SEGE 2013
DOIs
StatePublished - 2013
Event2013 IEEE International Conference on Smart Energy Grid Engineering, SEGE 2013 - Oshawa, ON, Canada
Duration: Aug 28 2013Aug 30 2013

Publication series

NameIEEE International Conference on Smart Energy Grid Engineering, SEGE 2013

Other

Other2013 IEEE International Conference on Smart Energy Grid Engineering, SEGE 2013
Country/TerritoryCanada
CityOshawa, ON
Period8/28/138/30/13

Keywords

  • Distributed Generation
  • Electric Vehicle
  • Gas Emission
  • Monte-Carlo Simulation
  • Renewable Energy
  • Stochastic Modeling

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Fuel Technology

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