2017 IEEE Power &Amp; Energy Society General Meeting 2017
DOI: 10.1109/pesgm.2017.8274536
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Strategic valuation of smart grid technology options in distribution networks

Abstract: -The increasing penetration of renewable distributed generation (DG) sources in distribution networks can lead to violations of network constraints. Thus, significant network reinforcements may be required to ensure that DG output is not constrained. However, the uncertainty around the magnitude, location and timing of future DG capacity renders planners unable to take fully-informed decisions and integrate DG at a minimum cost. In this paper we propose a novel stochastic planning model that considers investme… Show more

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Cited by 27 publications
(37 citation statements)
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“…Cao et al 20 have analyzed the advantages of SOPs for electrical DNs. A framework for optimal installation of SOP is proposed by Konstantelos et al, 21 which considers the challenges that occurred because of the integration of DGs. A coordinated control method of voltage and reactive power control for active DNs is proposed by Li et al, 22 which is based on SOPs.…”
Section: Discussionmentioning
confidence: 99%
“…Cao et al 20 have analyzed the advantages of SOPs for electrical DNs. A framework for optimal installation of SOP is proposed by Konstantelos et al, 21 which considers the challenges that occurred because of the integration of DGs. A coordinated control method of voltage and reactive power control for active DNs is proposed by Li et al, 22 which is based on SOPs.…”
Section: Discussionmentioning
confidence: 99%
“…The entropy weight method is a method for determining the weight according to the amount of information transmitted by each indicator to the decision maker [6]. The larger the difference between an indicator, the smaller the entropy value, and the more information the indicator contains and transmits, the greater the corresponding weight.…”
Section: Entropy Weight Methodsmentioning
confidence: 99%
“…Literature [5] considers the network investment evaluation model of multi-cycle optimization trend and regulatory constraints under the incentive supervision environment. Literature [6] comprehensively considers the stochastic optimization model of new distribution network investment decisions that influences voltage control and demand side response. Literature [7][8] constructed an input-output evaluation index system based on system dynamics method, and established a distribution network investment optimization simulation model.…”
Section: Introductionmentioning
confidence: 99%
“…It was shown in [20] that SOP facilitated the economic operation of ADNs, and network performance was improved by considering both SOP and network reconfiguration. Reference [21] proposed a planning model that considers optimal investment of SOP as well as various smart technologies to alleviate the network constraints violation due to DG penetration. Considering the high investment of SOP, it is of significance to optimize the siting and sizing of SOP to realize maximum benefits in ADNs [22].…”
Section: Tijmentioning
confidence: 99%