LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Network-Secure Envelopes Enabling Reliable DER Bidding in Energy and Reserve Markets

As our power system modernises to embrace consumer-owned distributed energy resources (DER), network operators must ensure a safe and reliable operation while enabling consumers to trade their flexibility in the… Click to show full abstract

As our power system modernises to embrace consumer-owned distributed energy resources (DER), network operators must ensure a safe and reliable operation while enabling consumers to trade their flexibility in the wholesale market. To enable this, we obtain network-secure operating envelopes that facilitate participation of consumers in energy and reserve markets. Given the distributed nature of the real-world problem, we use the alternating direction method of multipliers (ADMM) to optimise for operating envelopes such that any market action of consumers within these envelopes satisfies the distribution network constraints. To guarantee that the uncertainty realisation in live operation neither leads to network infeasibilities (due to exceeding the operating envelope) nor penalises DER-owners (due to market bid violation), we introduce a piecewise affinely adjustable robust bidding approach that can compensate for uncertainty variations in real-time. We also open up network capacity and minimise its losses, by proposing an additional piecewise affine Q-P controller that exchanges inverter reactive power with the grid. Our results on a 69-bus distribution network highlight the effectiveness of our proposal compared to alternative approaches.

Keywords: network; energy; reserve markets; network secure; energy reserve

Journal Title: IEEE Transactions on Smart Grid
Year Published: 2022

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.