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Keywords = distribution locational marginal price

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27 pages, 2699 KB  
Article
Carbon Economic Dispatching for Active Distribution Networks via a Cyber–Physical System: A Demand-Side Carbon Penalty
by Jingfeng Zhao, Qi You, Yongbin Wang, Hong Xu, Huiping Guo, Lan Bai, Kunhua Liu, Zhenyu Liu and Ziqi Fan
Processes 2025, 13(11), 3749; https://doi.org/10.3390/pr13113749 - 20 Nov 2025
Viewed by 487
Abstract
To address the challenges of climate change mitigation and operational flexibility in active distribution networks (ADNs) amid high renewable energy penetration, this paper proposes a low-carbon economic dispatch framework integrating demand-side carbon regulation and cyber–physical system (CPS)-enabled shared energy storage. First, a consumer-side [...] Read more.
To address the challenges of climate change mitigation and operational flexibility in active distribution networks (ADNs) amid high renewable energy penetration, this paper proposes a low-carbon economic dispatch framework integrating demand-side carbon regulation and cyber–physical system (CPS)-enabled shared energy storage. First, a consumer-side emission penalty mechanism is developed by fusing a carbon emission flow (CEF) model with price elasticity coefficients. This mechanism embeds carbon costs into end-user electricity pricing, guiding users to adjust consumption patterns (e.g., reducing usage during high-carbon-intensity periods) and shifting partial carbon responsibility to the demand side. Second, a CPS-based shared energy storage mechanism is constructed, featuring a three-layer architecture (physical layer, control decision layer, security layer) that aggregates distributed energy storage (DES) resources into a unified, schedulable pool. A cooperative, game-based profit-sharing strategy using Shapley values is adopted to allocate benefits based on each DES participant’s marginal contribution, ensuring fairness and motivating resource pooling. Finally, a unified mixed-integer linear programming (MILP) optimization model is formulated for ADNs, co-optimizing locational marginal prices, DES state-of-charge trajectories, and demand curtailment to minimize operational costs and carbon emissions simultaneously. Simulations on a modified IEEE 33-bus system demonstrate that the proposed framework reduces carbon emissions by 4.5–4.7% and renewable energy curtailment by 71.1–71.3% compared to traditional dispatch methods, while lowering system operational costs by 6.6–6.8%. The results confirm its effectiveness in enhancing ADN’s low-carbon performance, renewable energy integration, and economic efficiency. Full article
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29 pages, 15120 KB  
Article
Optimal Clearing Strategy for Day-Ahead Energy Markets in Distribution Networks with Multiple Virtual Power Plant Participation
by Pei Wang, Sen Tian, Qian Xiao, Tianxiang Li, Zibo Wang, Ji Qiao, Hong Zhu and Wenlu Ji
Appl. Sci. 2025, 15(20), 11197; https://doi.org/10.3390/app152011197 - 19 Oct 2025
Viewed by 902
Abstract
Constrained by current market mechanisms, small-scale virtual power plants (SS-VPPs) on the distribution network side struggle to exert their market characteristics. To address this, this paper proposes a trading framework and operational strategy for distribution-side SS-VPPs to participate in the day-ahead energy market. [...] Read more.
Constrained by current market mechanisms, small-scale virtual power plants (SS-VPPs) on the distribution network side struggle to exert their market characteristics. To address this, this paper proposes a trading framework and operational strategy for distribution-side SS-VPPs to participate in the day-ahead energy market. First, an operation and trading framework for distribution networks involving SS-VPPs is proposed. This framework comprehensively considers the clearing process of the electricity energy market, the operation mechanism of the distribution network, and the cost structures of various stakeholders, while clarifying the day-ahead market clearing mechanism at the distribution network level. Next, accounting for energy balance constraints and distribution network congestion constraints, this paper establishes a collaborative optimization model between SS-VPPs and active distribution networks. After obtaining the energy optimization results for all stakeholders, distribution locational marginal pricing (DLMP) is determined based on the dual problem solution to achieve multi-stakeholder market clearing. Finally, simulations using a modified IEEE 33-node test system demonstrate the rationality and feasibility of the proposed strategy. The framework fully exploits the market characteristics and dispatch potential of SS-VPPs, significantly reduces overall system operating costs, and ensures the economic benefits of all participants. Full article
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25 pages, 1477 KB  
Article
A Cost Benefit Analysis of Vehicle-to-Grid (V2G) Considering Battery Degradation Under the ACOPF-Based DLMP Framework
by Joseph Stekli, Abhijith Ravi and Umit Cali
Smart Cities 2025, 8(4), 138; https://doi.org/10.3390/smartcities8040138 - 14 Aug 2025
Viewed by 2746
Abstract
This paper seeks to provide a cost benefit analysis of the implementation of a vehicle-to-grid (V2G) charging strategy relative to a smart charging (V1G) strategy from the perspective of an individual electric vehicle (EV) owner with and without solar photovoltaics (PV) located on [...] Read more.
This paper seeks to provide a cost benefit analysis of the implementation of a vehicle-to-grid (V2G) charging strategy relative to a smart charging (V1G) strategy from the perspective of an individual electric vehicle (EV) owner with and without solar photovoltaics (PV) located on their roof. This work utilizes a novel AC optimized power flow model (ACOPF) to produce distributed location marginal prices (DLMP) on a modified IEEE-33 node network and uses a complete set of real-world costs and benefits to perform this analysis. Costs, in the form of the addition of a bi-directional charger and the increased vehicle depreciation incurred by a V2G strategy, are calculated using modern reference sources. This produces a more true-to-life comparison of the V1G and V2G strategies from the frame of reference of EV owners, rather than system operators, with parameterization of EV penetration levels performed to look at how the choice of strategy may change over time. Counter to much of the existing literature, when the analysis is performed in this manner it is found that the benefits of implementing a V2G strategy in the U.S.—given current compensation schemes—do not outweigh the incurred costs to the vehicle owner. This result helps explain the gap in findings between the existing literature—which typically finds that a V2G strategy should be favored—and the real world, where V2G is rarely employed by EV owners. Full article
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33 pages, 1477 KB  
Article
Transmission and Generation Expansion Planning Considering Virtual Power Lines/Plants, Distributed Energy Injection and Demand Response Flexibility from TSO-DSO Interface
by Flávio Arthur Leal Ferreira, Clodomiro Unsihuay-Vila and Rafael A. Núñez-Rodríguez
Energies 2025, 18(7), 1602; https://doi.org/10.3390/en18071602 - 23 Mar 2025
Cited by 2 | Viewed by 1521
Abstract
This article presents a computational model for transmission and generation expansion planning considering the impact of virtual power lines, which consists of the investment in energy storage in the transmission system as well as being able to determine the reduction and postponement of [...] Read more.
This article presents a computational model for transmission and generation expansion planning considering the impact of virtual power lines, which consists of the investment in energy storage in the transmission system as well as being able to determine the reduction and postponement of investments in transmission lines. The flexibility from the TSO-DSO interconnection is also modeled, analyzing its impact on system expansion investments. Flexibility is provided to the AC power flow transmission network model by distribution systems connected at the transmission system nodes. The transmission system flexibility requirements are provided by expansion planning performed by the connected DSOs. The objective of the model is to minimize the overall cost of system operation and investments in transmission, generation and flexibility requirements. A data-driven distributionally robust optimization-DDDRO approach is proposed to consider uncertainties of demand and variable renewable energy generation. The column and constraint generation algorithm and duality-free decomposition method are adopted. Case studies using a Garver 6-node system and the IEEE RTS-GMLC were carried out to validate the model and evaluate the values and impacts of local flexibility on transmission system expansion. The results obtained demonstrate a reduction in total costs, an improvement in the efficient use of the transmission system and an improvement in the locational marginal price indicator of the transmission system. Full article
(This article belongs to the Section D: Energy Storage and Application)
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21 pages, 976 KB  
Article
Optimal Power Dispatch for Maximum Energy Community Welfare by Considering Closed Distribution Systems and Renewable Sources
by Paulo M. De Oliveira-De Jesus and Jose M. Yusta
Energies 2024, 17(18), 4707; https://doi.org/10.3390/en17184707 - 21 Sep 2024
Cited by 3 | Viewed by 1369
Abstract
Regulatory boards are promoting closed distribution systems (CDSs), which are different from traditional public-access networks, that can be owned and managed by energy communities (ECs). The inclusion of local renewable energy potential and an adequate schedule of storage devices in a CDS allow [...] Read more.
Regulatory boards are promoting closed distribution systems (CDSs), which are different from traditional public-access networks, that can be owned and managed by energy communities (ECs). The inclusion of local renewable energy potential and an adequate schedule of storage devices in a CDS allow cooperation among the EC’s members in order to reduce operational expenditure (OPEX), providing internally competitive electricity prices with respect to those provided by publicly regulated networks and electricity markets. The CDS operators can assume a new role as the centralized energy dispatchers of generation and storage assets in order to maximize the profits of the members of the EC. This paper proposes an innovative optimal active and reactive power dispatch model for maximum community welfare conditions. A key difference between this proposal and existing social-welfare-based dispatches on public-access networks is the exclusion of the profit of the external wholesale electricity market. The focus of the proposed method is to maximize the welfare of all community members. A remuneration framework based on a collective EC with a single frontier is adopted, considering agreements between members based on locational marginal pricing (CDS-LMP). Results from an illustrative case study show a reduction of 50% in the EC’s OPEX with a payback time of 6 years for investments in CDSs, renewable sources, and storage. Full article
(This article belongs to the Special Issue Management and Optimization for Renewable Energy and Power Systems)
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21 pages, 3898 KB  
Article
Non-Iterative Coordinated Optimisation of Power–Traffic Networks Based on Equivalent Projection
by Wei Dai, Zhihong Zeng, Cheng Wang, Zhijie Zhang, Yang Gao and Jun Xu
Energies 2024, 17(8), 1899; https://doi.org/10.3390/en17081899 - 16 Apr 2024
Viewed by 1370
Abstract
The exchange of sensitive information between power distribution networks (PDNs) and urban transport networks (UTNs) presents a difficulty in ensuring privacy protection. This research proposes a new collaborative operation method for a coupled system. The scheme takes into account the schedulable capacity of [...] Read more.
The exchange of sensitive information between power distribution networks (PDNs) and urban transport networks (UTNs) presents a difficulty in ensuring privacy protection. This research proposes a new collaborative operation method for a coupled system. The scheme takes into account the schedulable capacity of electric vehicle charging stations (EVCSs) and locational marginal prices (LMPs) to handle the difficulty at hand. The EVCS hosting capacity model is built and expressed as the feasible area of charging power, based on AC power flow. This model is then used to offer information on the real schedulable capacity. By incorporating the charging loads into the coupling nodes between PDNs and UTNs, the issue of coordinated operation is separated and becomes equal to the optimal problem involving charging loads. Based on this premise, the most efficient operational cost of PDNs is transformed into a comparable representation of cost information in PDNs. This representation incorporates LMP information that guides charging decisions in UTNs. The suggested collaborative scheduling methodology in UTNs utilises the collected projection information from the static traffic assignment (STA) to ensure data privacy protection and achieve non-iterative calculation. Numerical experiments are conducted to illustrate that the proposed method, which uses a smaller amount of data, achieves the same level of optimality as the coordinated optimisation. Full article
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23 pages, 4230 KB  
Article
Optimizing Peer-to-Peer Energy Transactions: Determining the Allowable Maximum Trading Power for Participants
by Pikkanate Angaphiwatchawal and Surachai Chaitusaney
Energies 2024, 17(6), 1423; https://doi.org/10.3390/en17061423 - 15 Mar 2024
Cited by 3 | Viewed by 2249
Abstract
This paper presents a comprehensive study on the impacts of peer-to-peer (P2P) energy markets on distribution systems, specifically focusing on voltage, power loss, and congestion. While P2P energy markets create opportunities for direct trading between prosumers and consumers, ensuring compliance with distribution system [...] Read more.
This paper presents a comprehensive study on the impacts of peer-to-peer (P2P) energy markets on distribution systems, specifically focusing on voltage, power loss, and congestion. While P2P energy markets create opportunities for direct trading between prosumers and consumers, ensuring compliance with distribution system constraints remains a challenge. This paper proposes an iterative method and graphical interpretation in order to assess complex interactions, addressing the persistent issue of network constraints. Additionally, this paper proposes a method to determine distribution locational marginal prices (DLMPs) for real-time traditional energy markets. This ensures effective coordination among sellers, buyers, and the distribution system operator. The proposed method aims to prevent negative impacts on distribution system operation via the determination of the allowable maximum trading power (MTP), ensuring empirical validity and practical implementation via operating conditions and forecast errors, thus distinguishing it from prior studies. This paper also establishes a model for P2P energy market interactions, utilizing linear estimations for efficient DLMP updates. The contributions of this paper enhance the understanding and operation of P2P energy markets, and is supported by simulation results validating the proposed method. Full article
(This article belongs to the Section C: Energy Economics and Policy)
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21 pages, 3130 KB  
Article
Geographical Influences on Job–Housing Balance: A Study of Coastal Urban Areas in Boston
by Xiaoyu Long, Luyao Wang and Weipeng Li
Sustainability 2023, 15(22), 15920; https://doi.org/10.3390/su152215920 - 14 Nov 2023
Cited by 5 | Viewed by 2547
Abstract
As cities expand, residents are experiencing increasing commuting distances and a growing trend of job–housing separation, which is often associated with traffic congestion, inefficiency in commuting, and air pollution. In the process of studying the urban job–housing balance, most scholars focus on exploring [...] Read more.
As cities expand, residents are experiencing increasing commuting distances and a growing trend of job–housing separation, which is often associated with traffic congestion, inefficiency in commuting, and air pollution. In the process of studying the urban job–housing balance, most scholars focus on exploring socio-economic indicators, overlooking the more fundamental characteristics—the geographical features and barriers of the city. This paper delves into the intricate dynamics of the job–housing balance in urban areas, focusing on the city of Boston, characterized by its unique geographic and demographic tapestry. Through the job–housing distribution data of over 3 million residents in Boston and a measurement of spatial proximity to natural barriers, we explore the impact of geographic barriers on residential and employment distributions. Our findings reveal a pronounced divergence in employees’ preferences for job and housing locations, with tracts in the margin areas showing higher aggregation of job distributions and those near geographic barriers exhibiting a low job–housing ratio (JHR) index. Using regression models, our study determined that for every 1% increase in proximity to the Atlantic Ocean on Boston’s right side, job opportunities would decrease by 0.102%, and the JHR would experience a reduction of 0.246%. Our findings prove the importance of the effects of natural barriers on the job–housing balance and provide insights into traffic congestion and the uneven distribution of housing supply prices and have significant implications for urban planning and policy formulation, particularly in coastal cities. By exploring the multifaceted nature of urban residency and employment and the role of geographical constraints therein, this paper contributes valuable perspectives for fostering equitable and sustainable urban development. Full article
(This article belongs to the Section Sustainable Urban and Rural Development)
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19 pages, 5116 KB  
Article
A Transmission Price Design Considering the Marginal Benefits of the Transmission and Spatiotemporal Information of Electricity Demand
by Shuangquan Liu, Yigong Xie, Xinchun Zhu, Qizhuan Shao, Wenxuan Li, Zhuochen Guo and Xue Liu
Energies 2023, 16(18), 6635; https://doi.org/10.3390/en16186635 - 15 Sep 2023
Cited by 2 | Viewed by 2135
Abstract
One of the most critical tasks of China’s power sector reformation is re-designing transmission and distribution (T&D) prices, which are essential in establishing fair and ordered power markets and encouraging the efficient allocation of resources. In view of the problems in China’s power [...] Read more.
One of the most critical tasks of China’s power sector reformation is re-designing transmission and distribution (T&D) prices, which are essential in establishing fair and ordered power markets and encouraging the efficient allocation of resources. In view of the problems in China’s power market, such as the lack of a market mechanism for the reasonable allocation of congestion revenue, unreasonable transmission cost composition, and the failure of the transmission pricing mechanism to reflect the utilization degree of transmission resources by users in different geographical locations, this study proposes a transmission price design under the application scenarios of regional power grids and provincial power grids dominated by meshed AC networks in China that considers the marginal benefit of the transmission and spatiotemporal information of electricity demand. The proposed method effectively tackles the above-mentioned problem, with the transmission cost being divided into two parts: the expansion cost reflecting the marginal benefits of transmission, and the residual cost reflecting the rest. The expansion cost is objective and based on power system economics; it is calculated as the congestion revenue under the location marginal price-based wholesale electricity markets, resulting in a more reasonable division of transmission costs and allocation of congestion revenue. Furthermore, allocating the residual cost with the power flow distribution factor and the postage stamp method also reflects the utilization degree of transmission resources by users in different geographical locations. The effectiveness of this transmission price design is confirmed by testing it against a 3-bus and an IEEE 30-bus system. Full article
(This article belongs to the Section F: Electrical Engineering)
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14 pages, 2052 KB  
Article
Battery Swapping Station Pricing Optimization Considering Market Clearing and Electric Vehicles’ Driving Demand
by Xuewen Geng, Fengbin An, Chengmin Wang and Xi He
Energies 2023, 16(8), 3373; https://doi.org/10.3390/en16083373 - 12 Apr 2023
Cited by 3 | Viewed by 4217
Abstract
With the development of the new energy vehicle market, the pricing of battery swapping stations (BSS) is becoming a concern. The pricing models of BSS usually only consider the interaction between the distribution system operator (DSO) and the BSS or between the BSS [...] Read more.
With the development of the new energy vehicle market, the pricing of battery swapping stations (BSS) is becoming a concern. The pricing models of BSS usually only consider the interaction between the distribution system operator (DSO) and the BSS or between the BSS and electric vehicles (EVs). The impact of DSO and EVs on the pricing strategy of BSS has received less attention, which does not reflect the actual complex situation. Therefore, we propose a three-level BSS pricing method that includes market clearing and EV behaviors. Firstly, the distribution locational marginal price (DLMP) is modeled to determine the impact of the DSO on BSS. Secondly, the EV demand response is used to estimate the impact of EVs on BSS. Thirdly, to increase the adaptability of this model, an iteration algorithm with approximations and relaxations is used with mixed integer linear programming, effectively solving the pricing optimization. According to this optimization, it is evident that the BSS make decisions in the market environment by monitoring the quantity of batteries in various states and generate extra income by acting in response to price fluctuations in the electricity market. The model’s viability and applicability are confirmed. Full article
(This article belongs to the Section F2: Distributed Energy System)
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16 pages, 2197 KB  
Article
On the Feasibility of Market Manipulation and Energy Storage Arbitrage via Load-Altering Attacks
by Juan Ospina, David M. Fobes and Russell Bent
Energies 2023, 16(4), 1670; https://doi.org/10.3390/en16041670 - 7 Feb 2023
Cited by 5 | Viewed by 2929
Abstract
Around the globe, electric power networks are transforming into complex cyber–physical energy systems (CPES) due to the accelerating integration of both information and communication technologies (ICT) and distributed energy resources. While this integration improves power grid operations, the growing number of Internet-of-Things (IoT) [...] Read more.
Around the globe, electric power networks are transforming into complex cyber–physical energy systems (CPES) due to the accelerating integration of both information and communication technologies (ICT) and distributed energy resources. While this integration improves power grid operations, the growing number of Internet-of-Things (IoT) controllers and high-wattage appliances being connected to the electric grid is creating new attack vectors, largely inherited from the IoT ecosystem, that could lead to disruptions and potentially energy market manipulation via coordinated load-altering attacks (LAAs). In this article, we explore the feasibility and effects of a realistic LAA targeted at IoT high-wattage loads connected at the distribution system level, designed to manipulate local energy markets and perform energy storage (ES) arbitrage. Realistic integrated transmission and distribution (T&D) systems are used to demonstrate the effects that LAAs have on locational marginal prices at the transmission level and in distribution systems adjacent to the targeted network. Full article
(This article belongs to the Special Issue Cyber Security in Modern Power Systems)
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16 pages, 21071 KB  
Article
Modeling, Optimization, and Analysis of a Virtual Power Plant Demand Response Mechanism for the Internal Electricity Market Considering the Uncertainty of Renewable Energy Sources
by Zahid Ullah, Arshad and Hany Hassanin
Energies 2022, 15(14), 5296; https://doi.org/10.3390/en15145296 - 21 Jul 2022
Cited by 32 | Viewed by 4351
Abstract
The penetration of renewable energy sources (RESs) in the electrical power system has increased significantly over the past years due to increasing global concern about climate change. However, integrating RESs into the power market is highly problematic. The output of RESs such as [...] Read more.
The penetration of renewable energy sources (RESs) in the electrical power system has increased significantly over the past years due to increasing global concern about climate change. However, integrating RESs into the power market is highly problematic. The output of RESs such as wind turbines (WTs) and photovoltaics (PVs) is highly uncertain. Their correlation with load demand is not always guaranteed, which compromises system reliability. Distributed energy resources (DERs), especially demand response (DR) programs and energy storage systems (ESSs), are possible options to overcome these operational challenges under the virtual power plant (VPP) setting. This study investigates the impact of using a DR program and battery energy storage system (BESS) on the VPP’s internal electricity market, and also cost-minimization analysis from a utility viewpoint. Three different constrained optimal power flow (OPF) problems are solved such as base case, DR case, and BESS case to determine total incurred costs, locational marginal prices (LMPs), and generator commitments. A scenario tree approach is used to model the uncertainties associated with WTs, PVs, and load demand. The proposed model is investigated on a 14-bus distribution system. The simulation results obtained demonstrate a favorable impact of DR and a BESS on renewable operational challenges. Full article
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18 pages, 1590 KB  
Article
Distribution Locational Marginal Price Based Transactive Energy Management in Distribution Systems with Smart Prosumers—A Multi-Agent Approach
by Yerasyl Amanbek, Aidana Kalakova, Svetlana Zhakiyeva, Korhan Kayisli, Nurkhat Zhakiyev and Daniel Friedrich
Energies 2022, 15(7), 2404; https://doi.org/10.3390/en15072404 - 25 Mar 2022
Cited by 18 | Viewed by 5457
Abstract
This work proposes a distribution locational marginal price (DLMP)-based transactive energy (TE) framework for distribution systems with enthusiastic or smart prosumers. The framework uses a multi-agent system (MAS) as the basis on which the proposed TE model, i.e., distribution locational marginal price (DLMP) [...] Read more.
This work proposes a distribution locational marginal price (DLMP)-based transactive energy (TE) framework for distribution systems with enthusiastic or smart prosumers. The framework uses a multi-agent system (MAS) as the basis on which the proposed TE model, i.e., distribution locational marginal price (DLMP) based TE management system (DTEMS), is implemented. DTEMS uses a novel metric known as the nodal earning component, which is determined by the optimal power flow (OPF) based smart auction mechanism, to schedule the TE transactions optimally among the stakeholders by alleviating the congestion in the distribution system. Based on the individual contributions to the congestion relief, DTEMS ranks the prosumers and loads as most valuable players (MVP) and assigns the energy trading price according to the category of the player. The effectiveness of the proposed TE model is verified by simulating the proposed DTEMS for a modified 33 bus radial distribution system fed with various plug-able energy resources, prosumers, and microgrids. Full article
(This article belongs to the Special Issue Innovative Solutions for Modern Distribution Networks)
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23 pages, 708 KB  
Article
Power System Zone Partitioning Based on Transmission Congestion Identification Using an Improved Spectral Clustering Algorithm
by Yifan Hu, Peng Xun, Wenjie Kang, Peidong Zhu, Yinqiao Xiong and Weiheng Shi
Electronics 2021, 10(17), 2126; https://doi.org/10.3390/electronics10172126 - 1 Sep 2021
Cited by 15 | Viewed by 3376
Abstract
The ever-expanding power system is developed into an interconnected pattern of power grids. Zone partitioning is an essential technique for the operation and management of such an interconnected power system. Owing to the transmission capacity limitation, transmission congestion may occur with a regional [...] Read more.
The ever-expanding power system is developed into an interconnected pattern of power grids. Zone partitioning is an essential technique for the operation and management of such an interconnected power system. Owing to the transmission capacity limitation, transmission congestion may occur with a regional influence on power system. If transmission congestion is considered when the system is decomposed into several regions, the power consumption structure can be optimized and power system planning can be more reasonable. At the same time, power resources can be properly allocated and system safety can be improved. In this paper, we propose a power system zone partitioning method where the potential congested branches are identified and the spectral clustering algorithm is improved. We transform the zone partitioning problem into a graph segmentation problem by constructing an undirected weighted graph of power system where the similarities between buses are measured by the power transfer distribution factor (PTDF) corresponding to the potential congested branches. Zone partitioning results show that the locational marginal price (LMP) in the same zone is similar, which can represent regional price signals and provide regional auxiliary decisions. Full article
(This article belongs to the Section Power Electronics)
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31 pages, 8039 KB  
Article
Optimal Computation of Network Indicators for Electricity Market Bidding Zones Configuration Considering Explicit N-1 Security Constraints
by Cristian Bovo, Valentin Ilea, Enrico Maria Carlini, Mauro Caprabianca, Federico Quaglia, Luca Luzi and Giuseppina Nuzzo
Energies 2021, 14(14), 4267; https://doi.org/10.3390/en14144267 - 14 Jul 2021
Cited by 5 | Viewed by 2452
Abstract
In this paper an optimization problem designed to calculate electric grid specific indicators to be used within model-based methodologies for the definition of alternative electricity market bidding zone configurations is designed. The approach integrates within the framework of a bidding zone review process [...] Read more.
In this paper an optimization problem designed to calculate electric grid specific indicators to be used within model-based methodologies for the definition of alternative electricity market bidding zone configurations is designed. The approach integrates within the framework of a bidding zone review process aligned to the specifications of the Commission Regulation (EU) 2015/1222 (CACM) and Regulation (EU) 2019/943 of the European Parliament and of the Council (CEP). The calculated solution of the optimization provides locational marginal prices and allows to determine, outside the optimization problem, the power transfer distribution factors for critical elements. Both indicators can be used as inputs by specially designed clustering algorithms to identify model-based electricity market bidding zone configurations, as alternative to the current experience-based configurations. The novelty of the optimization problem studied in this paper consists in integrating the N-1 security criteria for transmission network operation in an explicit manner, rather than in a simplified and inaccurate manner, as encountered in the literature. The optimization problem is evaluated on a set of historical and significant operating scenarios of the Italian transmission network, carefully selected by the Italian transmission system operator. The results show the optimization problem capability to produce insightful results for supporting a bidding zone review process and its advantages with respect to simplified methodologies encountered in the literature. Full article
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