Optimal Contract Pricing of Distributed Generation in Distribution Networks

López-Lezama, Jesús M.; Padilha‐Feltrin, Antonio; Contreras, Javier; Muñoz, José I.

doi:10.1109/tpwrs.2010.2048132

Cited by 85 publications

(75 citation statements)

References 14 publications

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“…This effect can be seen if a high price of reactive energy is considered, e.g., 90 $/Mvarh [23]. Generally, energy prices can be assumed constant or being determined by an optimal contract price as in [24]. However, considering optimal contract prices needs to know the quantity of power generation and the time of dispatch.…”

Section: Figurementioning

confidence: 99%

“…Based on the market strategies introduced in [15,16,[23][24][25], we consider the following operating conditions:…”

Section: Operating Conditionsmentioning

confidence: 99%

“…‚ The operator of the MV network shown in Figure 2 is considered to be the sole owner of the network [24], who aims at a reliable operation of the system.…”

Section: Operating Conditionsmentioning

confidence: 99%

See 2 more Smart Citations

On Variable Reverse Power Flow-Part I: Active-Reactive Optimal Power Flow with Reactive Power of Wind Stations

Gabash

2016

Energies

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It has recently been shown that using battery storage systems (BSSs) to provide reactive power provision in a medium-voltage (MV) active distribution network (ADN) with embedded wind stations (WSs) can lead to a huge amount of reverse power to an upstream transmission network (TN). However, unity power factors (PFs) of WSs were assumed in those studies to analyze the potential of BSSs. Therefore, in this paper (Part-I), we aim to further explore the pure reactive power potential of WSs (i.e.

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Section: Figurementioning

confidence: 99%

“…Based on the market strategies introduced in [15,16,[23][24][25], we consider the following operating conditions:…”

Section: Operating Conditionsmentioning

confidence: 99%

See 1 more Smart Citation

On Variable Reverse Power Flow-Part I: Active-Reactive Optimal Power Flow with Reactive Power of Wind Stations

Gabash

2016

Energies

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“…DisCo can provide the electricity from the wholesale market or through bilateral contracts with DG units. A market structure similar to the ones presented in [14][15][16][17] is considered in which DisCo is to provide costumers' demand at minimum operation cost and power loss.…”

Section: Basic Assumptionsmentioning

confidence: 99%

“…The importance of the competition is also presented in detail. We also compared our work with the pervious related research [15], [16] and the optimality of the results were tested using two techniques.…”

Section: Introductionmentioning

confidence: 99%

A bi-level approach for optimal contract pricing of independent dispatchable DG units in distribution networks

Mobarakeh

Rajabi-Ghahnavieh

Haghighat

2016

Int. Trans. Electr. Energ. Syst.

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Distributed Generation (DG) units are increasingly installed in the power systems. Distribution Companies (DisCo) can opt to purchase the electricity from DG in an energy purchase contract to supply the customer demand and reduce energy loss. This paper proposes a framework for optimal contract pricing of independent dispatchable DG units considering competition among them. While DG units tend to increase their profit from the energy purchase contract, DisCo minimizes the demand supply cost. Multi-leader follower game theory concept is used to analyze the situation in which competing DG units offer the energy price to DisCo and DisCo determines the DG generation. A bi-level approach is used to formulate the competition in which each DG problem is the upper-level problem and the DisCo problem is considered as the lower-level one. Combining the optimality conditions of all upper-level problems with the lower level problem results in a multi-DG equilibrium problem formulated as an equilibrium problem with equilibrium constraints (EPEC). Using a nonlinear approach, the EPEC problem is reformulated as a single nonlinear optimization model which is simultaneously solved for all independent DG units. The proposed framework was applied to the Modified IEEE 34-Bus Distribution Test System. Performance and robustness of the proposed framework in determining econo-technically fare DG contract price has been demonstrated through a series of analyses.Keywords: Distributed Generation (DG), Distribution Company (DisCo), Pricing, Game Theory, Multileader follower, Equilibrium Problems with Equilibrium Constraints (EPEC). Active power demand at node k in period t (MW). Voltage magnitude at node k in period t (V).Dual variable related to the power balance constraint at node k in period t.

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Impact of Retailer and Consumer Behavior on Voltage in Distribution Network Under Liberalization of Electricity Retail Market

Sekizaki

Nishizaki

Hayashida

2015

Electrical Engineering Japan

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The liberalization movement in Japan will be expanded to the residential sector and full liberalization of the retail market will be achieved in the near future. Against this background, it is expected that transactions in a distribution network (DN), which has many consumers of the residential sector, will be activated. Furthermore, consumers can control their loads depending on the selling prices offered by retailers with the introduction of demand response (DR) technologies such as home energy management systems (HEMS). Due to the variation of load by DR, however, the voltage profile in DN may be changed compared to the present situation. This may make voltage management difficult and cause problems such as voltage deviation from an adequate range. In this paper, the impact of DR in a liberalized electricity market on DN is evaluated for efficient voltage management. In order to evaluate the behavior of the retailer and consumers, this paper proposes a bi-level programming approach based on the Stackelberg game model. Solving the bi-level programming problem including the power flow equation for a DN model based on the IEEE 13-bus test feeder, we analyze the impact of the retailer and consumers on the voltage in the DN in order to account for transactions between these market players.

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Optimal Contract Pricing of Distributed Generation in Distribution Networks

Cited by 85 publications

References 14 publications

On Variable Reverse Power Flow-Part I: Active-Reactive Optimal Power Flow with Reactive Power of Wind Stations

On Variable Reverse Power Flow-Part I: Active-Reactive Optimal Power Flow with Reactive Power of Wind Stations

A bi-level approach for optimal contract pricing of independent dispatchable DG units in distribution networks

Impact of Retailer and Consumer Behavior on Voltage in Distribution Network Under Liberalization of Electricity Retail Market

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