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Stochastic Distribution Network Operation for Transactive Energy Markets

Title
Stochastic Distribution Network Operation for Transactive Energy Markets
Type
Article in International Conference Proceedings Book
Year
2021
Authors
Santos Gonzalez, EE
(Author)
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Gutierrez Alcaraz, G
(Author)
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Nezhad, AE
(Author)
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Javadi, MS
(Author)
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Osorio, GJ
(Author)
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Conference proceedings International
21st IEEE International Conference on Environment and Electrical Engineering / 5th IEEE Industrial and Commercial Power Systems Europe (EEEIC/I and CPS Europe)
Politecnico Bari, Bari, ITALY, SEP 07-10, 2021
Other information
Authenticus ID: P-00W-BDC
Abstract (EN): In this paper, a stochastic optimization model is developed for optimal operation of the active distribution networks. The proposed model is investigated on the transactive energy market in the presence of active consumers, local photovoltaic power generations and storage devices. The stochastic behavior of photovoltaic panel power generation units and load consumptions have been modeled using scenario generations and scenario reduction technique. Besides, the stochastic nature of the demand power as well as rooftop photovoltaic panels have been investigated in this paper. In the transactive energy market model, the distribution system operator is the main responsible for the market-clearing mechanisms and controlling the net power exchange between the distribution network and upstream grid. The proposed model is tested and verified on a radial medium voltage distribution network with 16 buses.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 6
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