Local electricity market design for the coordination of distributed energy resources at district level

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

7 Citations (Scopus)

Abstract

The increasing penetration of distributed energy resources at the distribution grid level creates concerns about their successful integration in the existing electric grid, designed for centralized generation by large power plants. Failure to the proper integration of distributed energy resources might lead to violation of technical limits in the grid, thus lower power quality for the end-user, and reduces the efficiency of the electricity market. Nevertheless, the coexistence of generation and consumption at the premises of a neighborhood, caused by the increasing penetration of distributed energy resources such as photovoltaic generators in the distribution grid, diminishes the power transmission losses, inherent to a grid based on central power generation. Moreover, it enables the creation of a local electricity market, a step towards the market and technical integration of distributed energy resources if combined with the concept of market-based control. While market-based control seems to be the dominant solution for the control of distributed energy resources, the implementation of market-based control can be distributed or centralized and depends on the electricity market design. This work focuses on identifying the characteristics of the participants of the electricity market for the case study of residential customers with photovoltaic generation, residential energy storage and inelastic demand. Design choices are derived based on these characteristics in order to realize market-based control for the coordination of distributed energy resources via an efficient local electricity market.
Original languageEnglish
Title of host publicationProceedings of the 5th IEEE PES ISGT (Innovative Smart Grid Technologies ) Europe 2014 Conference, 15-18 October 2014, Istanbul, Turkey
PublisherInstitute of Electrical and Electronics Engineers
Pages1-6
ISBN (Print)978-1-4799-7720-8
DOIs
Publication statusPublished - 2014
Event5th IEEE (PES) Innovative Smart Grid Technologies Conference Europe (ISGT Europe 2014) - Istanbul, Turkey
Duration: 12 Oct 201415 Oct 2014
Conference number: 5
http://sites.ieee.org/isgt-europe-2014

Conference

Conference5th IEEE (PES) Innovative Smart Grid Technologies Conference Europe (ISGT Europe 2014)
Abbreviated titleISGT Europe 2014
CountryTurkey
CityIstanbul
Period12/10/1415/10/14
Internet address

Fingerprint

Energy resources
Power quality
Power transmission
Energy storage
Power generation
Power markets
Power plants

Cite this

Ampatzis, M., Nguyen, P. H., & Kling, W. L. (2014). Local electricity market design for the coordination of distributed energy resources at district level. In Proceedings of the 5th IEEE PES ISGT (Innovative Smart Grid Technologies ) Europe 2014 Conference, 15-18 October 2014, Istanbul, Turkey (pp. 1-6). Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/ISGTEurope.2014.7028888
Ampatzis, M. ; Nguyen, P.H. ; Kling, W.L. / Local electricity market design for the coordination of distributed energy resources at district level. Proceedings of the 5th IEEE PES ISGT (Innovative Smart Grid Technologies ) Europe 2014 Conference, 15-18 October 2014, Istanbul, Turkey. Institute of Electrical and Electronics Engineers, 2014. pp. 1-6
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abstract = "The increasing penetration of distributed energy resources at the distribution grid level creates concerns about their successful integration in the existing electric grid, designed for centralized generation by large power plants. Failure to the proper integration of distributed energy resources might lead to violation of technical limits in the grid, thus lower power quality for the end-user, and reduces the efficiency of the electricity market. Nevertheless, the coexistence of generation and consumption at the premises of a neighborhood, caused by the increasing penetration of distributed energy resources such as photovoltaic generators in the distribution grid, diminishes the power transmission losses, inherent to a grid based on central power generation. Moreover, it enables the creation of a local electricity market, a step towards the market and technical integration of distributed energy resources if combined with the concept of market-based control. While market-based control seems to be the dominant solution for the control of distributed energy resources, the implementation of market-based control can be distributed or centralized and depends on the electricity market design. This work focuses on identifying the characteristics of the participants of the electricity market for the case study of residential customers with photovoltaic generation, residential energy storage and inelastic demand. Design choices are derived based on these characteristics in order to realize market-based control for the coordination of distributed energy resources via an efficient local electricity market.",
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Ampatzis, M, Nguyen, PH & Kling, WL 2014, Local electricity market design for the coordination of distributed energy resources at district level. in Proceedings of the 5th IEEE PES ISGT (Innovative Smart Grid Technologies ) Europe 2014 Conference, 15-18 October 2014, Istanbul, Turkey. Institute of Electrical and Electronics Engineers, pp. 1-6, 5th IEEE (PES) Innovative Smart Grid Technologies Conference Europe (ISGT Europe 2014), Istanbul, Turkey, 12/10/14. https://doi.org/10.1109/ISGTEurope.2014.7028888

Local electricity market design for the coordination of distributed energy resources at district level. / Ampatzis, M.; Nguyen, P.H.; Kling, W.L.

Proceedings of the 5th IEEE PES ISGT (Innovative Smart Grid Technologies ) Europe 2014 Conference, 15-18 October 2014, Istanbul, Turkey. Institute of Electrical and Electronics Engineers, 2014. p. 1-6.

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

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AB - The increasing penetration of distributed energy resources at the distribution grid level creates concerns about their successful integration in the existing electric grid, designed for centralized generation by large power plants. Failure to the proper integration of distributed energy resources might lead to violation of technical limits in the grid, thus lower power quality for the end-user, and reduces the efficiency of the electricity market. Nevertheless, the coexistence of generation and consumption at the premises of a neighborhood, caused by the increasing penetration of distributed energy resources such as photovoltaic generators in the distribution grid, diminishes the power transmission losses, inherent to a grid based on central power generation. Moreover, it enables the creation of a local electricity market, a step towards the market and technical integration of distributed energy resources if combined with the concept of market-based control. While market-based control seems to be the dominant solution for the control of distributed energy resources, the implementation of market-based control can be distributed or centralized and depends on the electricity market design. This work focuses on identifying the characteristics of the participants of the electricity market for the case study of residential customers with photovoltaic generation, residential energy storage and inelastic demand. Design choices are derived based on these characteristics in order to realize market-based control for the coordination of distributed energy resources via an efficient local electricity market.

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Ampatzis M, Nguyen PH, Kling WL. Local electricity market design for the coordination of distributed energy resources at district level. In Proceedings of the 5th IEEE PES ISGT (Innovative Smart Grid Technologies ) Europe 2014 Conference, 15-18 October 2014, Istanbul, Turkey. Institute of Electrical and Electronics Engineers. 2014. p. 1-6 https://doi.org/10.1109/ISGTEurope.2014.7028888