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 | Poland |
| City | Lodz |
| Period | 27/06/18 → 29/06/18 |
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Keywords
- Distributed Energy Resources
- Local Electricity Market
- TSO-DSO Coordination
Cite this
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A review on coordination schemes between local and central electricity markets. / Tohidi, Yaser; Farrokhseresht, Mana; Gibescu, Madeleine.
15th International Conference on the European Energy Market, EEM 2018. Piscataway : IEEE Computer Society, 2018. 8470004.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review
TY - GEN
T1 - A review on coordination schemes between local and central electricity markets
AU - Tohidi, Yaser
AU - Farrokhseresht, Mana
AU - Gibescu, Madeleine
PY - 2018/9/20
Y1 - 2018/9/20
N2 - 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.
AB - 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.
KW - Distributed Energy Resources
KW - Local Electricity Market
KW - TSO-DSO Coordination
UR - http://www.scopus.com/inward/record.url?scp=85055594263&partnerID=8YFLogxK
U2 - 10.1109/EEM.2018.8470004
DO - 10.1109/EEM.2018.8470004
M3 - Conference contribution
AN - SCOPUS:85055594263
SN - 978-1-5386-1489-1
BT - 15th International Conference on the European Energy Market, EEM 2018
PB - IEEE Computer Society
CY - Piscataway
ER -