Abstract
A Local electricity market (LEM) is a market place for trading the electricity produced and consumed locally while ensuring the security constraints of the distribution grid. Moreover, LEM acts as a mediator for participation of distributed local resources into the central electricity market (CEM) by facilitating the communication to CEM. However, effective utilization of local resources in the system necessitates effective coordination between the LEM operator (e.g., DSO) and the CEM operator (e.g., TSO) because these resources can potentially be used both locally and system-wide. In this paper, we review different coordination schemes in this regard. Coordination schemes are categorized as DSO leader, DSO follower and TSO-DSO iteration. Independent local market design with no coordination is also reviewed.
Original language | English |
---|---|
Title of host publication | 15th International Conference on the European Energy Market, EEM 2018 |
Place of Publication | Piscataway |
Publisher | IEEE Computer Society |
Number of pages | 5 |
ISBN (Electronic) | 978-1-5386-1488-4 |
ISBN (Print) | 978-1-5386-1489-1 |
DOIs | |
Publication status | Published - 20 Sep 2018 |
Event | 15th International Conference on the European Energy Market, EEM 2018 - Lodz, Poland Duration: 27 Jun 2018 → 29 Jun 2018 |
Conference
Conference | 15th International Conference on the European Energy Market, EEM 2018 |
---|---|
Country/Territory | Poland |
City | Lodz |
Period | 27/06/18 → 29/06/18 |
Keywords
- Distributed Energy Resources
- Local Electricity Market
- TSO-DSO Coordination