Distribution LMP-based Transactive Day-ahead Market with Variable Renewable Generation
| Autor: | Faqiry, M. Nazif, Edmonds, Lawryn, Wu, Hongyu |
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| Rok vydání: | 2019 |
| Předmět: | |
| Druh dokumentu: | Working Paper |
| Popis: | The largescale penetration of variable renewable energy (VRE) and their generation uncertainties poses a major challenge for the distribution system operator (DSO) to efficiently determine the day-ahead real and reactive power distribution locational marginal prices (DLMPs) and their underlying components. In this paper, we propose a DLMP-based transactive day-ahead market (DAM) model, that in addition to energy and losses, determines prices for creating congestions and voltage violations under peak-load and large-scale stochastic VRE penetration conditions. To account for the VRE uncertainties and the effect of their large-scale penetration on the DLMP components and distributed energy resources' (DERs) schedules, we propose a novel data-driven probability efficient point (PEP) method that computes the optimal total VRE generation at different confidence (risk) levels to incorporate in the proposed transactive DAM model. We perform a wide range of simulation studies on a modified IEEE 69-node system to validate the proposed methods and demonstrate the effect of peak load conditions, large-scale VRE penetration, and inclusion of battery energy storage systems (BESS) on the resulting positive or negative real and reactive power DLMPs and their components. Comment: 10 pages, 8 pages of manuscript with 6 figures, 2 pages of supplemental simulation with two figures |
| Databáze: | arXiv |
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