Electricity market design requirements for DC distribution systems

Electricity market design requirements for DC distribution systems

Piao, L. (TU Delft Algorithmics)
de Weerdt, M.M. (TU Delft Algorithmics)
De Vries, Laurens (TU Delft Energie and Industrie)

2017

DC distribution systems (DCDS) connect local generators and loads directly. By avoiding unnecessary losses in AC-DC conversion, DCDS offers higher energy efficiency. Since different parties in a DCDS may have conflicting goals, matching between power supply and demand should be done with carefully designed allocation rules and monetary transfers, such that no one prefers to act otherwise than the outcome of the allocation. This paper reveals DCDS' unique operational requirements and indicates the challenges and opportunities they pose to market design. A design framework is introduced into DCDS electricity market, incl. tradable services, design goals, market participants, design options and performance criteria. We review the existing market models for AC and DC distribution systems and point out the direction for future work.

electricity market
market design
DC distribution system
operational requirements
tradable services

http://resolver.tudelft.nl/uuid:e278bc9d-784c-46ec-a2cc-672f08e5f1b8

https://doi.org/10.1109/ICDCM.2017.8001028

IEEE, Piscataway, NJ

978-1-5090-4479-5

2017 IEEE Second International Conference on DC Microgrids, ICDCM 2017

ICDCM 2017, 2017-06-27 → 2017-06-29, Nürnberg, Germany

Institutional Repository

conference paper

© 2017 L. Piao, M.M. de Weerdt, Laurens De Vries