Market Design Approach for Unreliable Grid with Distributed Generation and Private Microgrids

Author(s):  
Leila Chebbo ◽  
Ali Bazzi ◽  
Sami Karaki ◽  
Amal Asaad
2020 ◽  
Vol 120 ◽  
pp. 180-192 ◽  
Author(s):  
Jingsheng Yu ◽  
Jun Zhang

2016 ◽  
Vol 166 ◽  
pp. 186-211 ◽  
Author(s):  
John William Hatfield ◽  
Fuhito Kojima ◽  
Yusuke Narita

2020 ◽  
Vol 29 (3) ◽  
pp. 645-660
Author(s):  
Pantelis Koutroumpis ◽  
Aija Leiponen ◽  
Llewellyn D W Thomas

Abstract Although datasets are abundant and assumed to be immensely valuable, they are not being shared or traded openly and transparently on a large scale. We investigate the nature of data trading with a conceptual market design approach and demonstrate the importance of provenance to overcome appropriability and quality concerns. We consider the requirements for efficient data exchange, comparing existing trading arrangements against efficient market models and show that it is possible to achieve either large markets with little control or small markets with greater control. We describe some future research directions.


Author(s):  
Jeremy Lin ◽  
Fernando H. Magnago ◽  
Elham Foruzan ◽  
Ricardo Albarracín-Sánchez

Author(s):  
A. P. Agalgaonkar ◽  
S. V. Kulkarni ◽  
S. A. Khaparde ◽  
S. A. Soman

Distributed Generation (DG) can help in reducing the cost of electricity to the costumer, relieve network congestion and provide environmentally friendly energy close to load centers. Its capacity is also scalable and it provides voltage support at distribution level. Hence, DG placement and penetration level is an important problem for both the utility and DG owner. The cost of electricity as a commodity depends upon market model. The restructured power markets are slowly maturing with standardizations like Standard Market Design (SMD). The key feature of SMD is the Locational Marginal Pricing (LMP) scheme. This paper examines placement and penetration level of the DGs under the SMD framework. The proposed approach is illustrated by case studies on MATPOWER 30 bus and IEEE 118 bus systems.


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