2021
DOI: 10.1002/2050-7038.13202
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A hierarchical approach to designing an electricity distribution reward‐penalty scheme for service quality improvement

Abstract: In each regulatory period, the parameters of the reward and penalty scheme (RPS) vary based on the investment made by electricity distribution companies (EDCs) and imposed costs. In this paper, a novel dynamic model for determining the RPS parameters for each EDC is presented. This new model has three stages: (i) determination of the RPS parameters for the first regulatory period, (ii) the RPS decision-making model, and (iii) determination of the RPS parameters for the subsequent regulatory period. The propose… Show more

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Cited by 3 publications
(4 citation statements)
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“…Thus, due to the significant need for natural gas-fired heating devices, natural gas loads are much more critical than electricity loads. However, as the workday gets started and the ambient temperature increases in (7)(8)(9)(10)(11)(12), the majority of critical loads belong to the PDN due to the importance of supplying commercial loads. In (13)(14)(15)(16)(17)(18) the portion of critical loads is high for both NGDN and PD N since there is a simultaneous need to supply electricity and natural gas for residential loads as residents are back home and commercial and industrial loads are still on.…”
Section: Load Characteristicsmentioning
confidence: 99%
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“…Thus, due to the significant need for natural gas-fired heating devices, natural gas loads are much more critical than electricity loads. However, as the workday gets started and the ambient temperature increases in (7)(8)(9)(10)(11)(12), the majority of critical loads belong to the PDN due to the importance of supplying commercial loads. In (13)(14)(15)(16)(17)(18) the portion of critical loads is high for both NGDN and PD N since there is a simultaneous need to supply electricity and natural gas for residential loads as residents are back home and commercial and industrial loads are still on.…”
Section: Load Characteristicsmentioning
confidence: 99%
“…In today's modern world, energy infrastructures are getting more interdependent to ensure a clean, efficient, and sustainable energy supply for end users [7][8][9][10][11][12]. The increasing usage of gas-fired distributed generators (DGs), gas compressors, and power-to-gas (P2G) units has increased the complexity of integrated electricity and gas distribution systems (IEGDS).…”
Section: Introductionmentioning
confidence: 99%
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“…In the wake of evolving measurement devices and communication infrastructure, the interests in monitoring and mitigating power quality (PQ) issues in active distribution networks is on the rise [1,2]. Distribution management system (DMS) by the means of state estimation (SE) analysis [3] has brought situational awareness (SA) out of the bunch of raw measurements.…”
Section: Introductionmentioning
confidence: 99%