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Article

Electricity Markets for DC Distribution Systems: Design Options

1
Technology, Policy and Management, Delft University of Technology, 2628 BX Delft, The Netherlands
2
Electrical Engineering, Mathematics and Computer Science, Delft University of Technology, 2628 XE Delft, The Netherlands
3
Olayan School of Business, American University of Beirut, Beirut 1107 2020, Lebanon
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Author to whom correspondence should be addressed.
Energies 2019, 12(14), 2640; https://doi.org/10.3390/en12142640
Received: 28 May 2019 / Revised: 4 July 2019 / Accepted: 6 July 2019 / Published: 10 July 2019
(This article belongs to the Special Issue Market Design for a High-Renewables Electricity System)
DC distribution systems (DCDSs) are a promising alternative to AC systems because they remove AC-DC conversions between renewable sources and loads. Their unique features compared to AC include low system inertia, strict power limits and power–voltage coupling. In a liberalised electricity market, merely applying an AC market design to a DCDS cannot guarantee the latter’s supply security and voltage stability; new markets must be designed to meet DC challenges. This article identifies the key design options of DCDS electricity markets. To identify these options, we develop a comprehensive design framework for local electricity markets; to our knowledge, we provide the first such analysis. Whereas previous studies focus on separate aspects of DCDS markets, we widen the scope to include the role of market architecture and investigate the arrangements of sub-markets. As an illustration, we demonstrate three promising DCDS market designs that can be defined in our framework, and provide a first assessment of their performance. View Full-Text
Keywords: electricity market design; direct current; distribution system; local market; flexibility electricity market design; direct current; distribution system; local market; flexibility
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MDPI and ACS Style

Piao, L.; de Vries, L.; de Weerdt, M.; Yorke-Smith, N. Electricity Markets for DC Distribution Systems: Design Options. Energies 2019, 12, 2640. https://doi.org/10.3390/en12142640

AMA Style

Piao L, de Vries L, de Weerdt M, Yorke-Smith N. Electricity Markets for DC Distribution Systems: Design Options. Energies. 2019; 12(14):2640. https://doi.org/10.3390/en12142640

Chicago/Turabian Style

Piao, Longjian, Laurens de Vries, Mathijs de Weerdt, and Neil Yorke-Smith. 2019. "Electricity Markets for DC Distribution Systems: Design Options" Energies 12, no. 14: 2640. https://doi.org/10.3390/en12142640

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