Concept for Automated Energy Trading in MV and LV Electrical Distribution Grids Based on Approximated Supply Function Equilibrium

2021 ◽  
Author(s):  
Perica Ilak ◽  
Lin Herencic ◽  
Helena Benkovic ◽  
Ivan Rajsl
Keyword(s):  
Supply Function ◽  
Energy Trading ◽  
Supply Function Equilibrium ◽  
Electrical Distribution ◽  
Distribution Grids

scholarly journals Theory and Application of Linear Supply Function Equilibrium in Electricity Markets

2004 ◽  
Vol 25 (2) ◽  
pp. 143-167 ◽  
Author(s):  
Ross Baldick ◽  
Ryan Grant ◽  
Edward Kahn
Keyword(s):  
Electricity Markets ◽  
Supply Function ◽  
Supply Function Equilibrium

Peer-to-Peer Energy Trading Enabled Optimal Decentralized Operation of Smart Distribution Grids

2021 ◽  
pp. 1-1
Author(s):  
Lahanda Purage Mohasha Isuru Sampath ◽  
Amrit Paudel ◽  
Hung D. Nguyen ◽  
Eddy Y. S. Foo ◽  
Hoay Beng Gooi
Keyword(s):  
Peer To Peer ◽  
Energy Trading ◽  
Distribution Grids

scholarly journals Prospects of a Meshed Electrical Distribution System Featuring Large-Scale Variable Renewable Power

Energies ◽  
2018 ◽  
Vol 11 (12) ◽  
pp. 3399 ◽  
Author(s):  
Marco Cruz ◽  
Desta Fitiwi ◽  
Sérgio Santos ◽  
Sílvio Mariano ◽  
João Catalão
Keyword(s):  
Distribution System ◽  
Distribution Systems ◽  
Large Scale ◽  
Global Climate ◽  
Mixed Integer ◽  
Programming Approach ◽  
Renewable Power ◽  
Electrical Distribution ◽  
Stochastic Framework ◽  
Distribution Grids

Electrical distribution system operators (DSOs) are facing an increasing number of challenges, largely as a result of the growing integration of distributed energy resources (DERs), such as photovoltaic (PV) and wind power. Amid global climate change and other energy-related concerns, the transformation of electrical distribution systems (EDSs) will most likely go ahead by modernizing distribution grids so that more DERs can be accommodated. Therefore, new operational strategies that aim to increase the flexibility of EDSs must be thought of and developed. This action is indispensable so that EDSs can seamlessly accommodate large amounts of intermittent renewable power. One plausible strategy that is worth considering is operating distribution systems in a meshed topology. The aim of this work is, therefore, related to the prospects of gradually adopting such a strategy. The analysis includes the additional level of flexibility that can be provided by operating distribution grids in a meshed manner, and the utilization level of variable renewable power. The distribution operational problem is formulated as a mixed integer linear programming approach in a stochastic framework. Numerical results reveal the multi-faceted benefits of operating distribution grids in a meshed manner. Such an operation scheme adds considerable flexibility to the system and leads to a more efficient utilization of variable renewable energy source (RES)-based distributed generation.

Supply function equilibrium game with myopic adjustment and adaptive expectation

2015 ◽  
Author(s):  
Hamed Kebriaei ◽  
Navid Rashedi ◽  
Luigi Glielmo
Keyword(s):  
Supply Function ◽  
Supply Function Equilibrium ◽  
Adaptive Expectation

scholarly journals The supply function equilibrium and its policy implications for wholesale electricity auctions

2010 ◽  
Vol 18 (4) ◽  
pp. 209-226 ◽  
Author(s):  
Pär Holmberg ◽  
David Newbery
Keyword(s):  
Policy Implications ◽  
Supply Function ◽  
Supply Function Equilibrium ◽  
Electricity Auctions
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