Smart Grid Market Using Joint Energy and Ancillary Services Bids

• Type: Article in International Conference Proceedings Book
• Date: 2013

Authors

Soares, T (Author) Other; Morais, H (Author) Other; Faria, P (Author) Other; Zita Vale (Author) Other

Conference proceedings International

Title: 2013 IEEE Grenoble Conference PowerTech, POWERTECH 2013

2013 IEEE Grenoble Conference PowerTech, POWERTECH 2013

Grenoble, 16 June 2013 through 20 June 2013

Indexing

ISI Web of Knowledge - 0 Citations

Scopus - 2 Citations

Other information

Authenticus ID: P-008-K4F

DOI: 10.1109/ptc.2013.6652326

Abstract (EN): The power systems operation in the smart grid context increases significantly the complexity of their management. New approaches for ancillary services procurement are essential to ensure the operation of electric power systems with appropriate levels of stability, safety, quality, equity and competitiveness. These approaches should include market mechanisms which allow the participation of small and medium distributed energy resources players in a competitive market environment. In this paper, an energy and ancillary services joint market model used by an aggregator is proposed, considering bids of several types of distributed energy resources. In order to improve economic efficiency in the market, ancillary services cascading market mechanism is also considered in the model. The proposed model is included in MASCEM - a multi-agent system electricity market simulator. A case study considering a distribution network with high penetration of distributed energy resources is presented.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 6