A Hierarchical Local Electricity Market for a DER-rich Grid Edge

A Hierarchical Local Electricity Market for a DER-rich Grid Edge

With increasing penetration of distributed energy resources (DER) in the distribution system, it is critical to design market structures that enable smooth integration of DERs. A hierarchical local electricity market (LEM) structure is proposed in this paper with a secondary market (SM) at the lower...

Full description

Bibliographic Details
Main Authors: Annaswamy, A.M (Author), Haider, R. (Author), Nair, V.J (Author), Venkataramanan, V. (Author)
Format: Article
Language:English
Published: Institute of Electrical and Electronics Engineers Inc. 2022
Subjects:
Budget control
Costs
DER
Distributed Energy Resources
Distributed optimization
Distribution system operator
Distribution systems
DSO
Electric industry
Electric power transmission networks
Electricity supply industry
Energy
Energy resources
Feeding
Local electricity market
Local electricity markets
Optimisations
Optimization
Physics
Power markets
Security
Substation
Substations
System operator
Tariff
Tariffs
Transactive energy.
Online Access:View Fulltext in Publisher

Internet

View Fulltext in Publisher

Similar Items