Journal article
Closure to Discussion on “Distribution Locational Marginal Pricing for Optimal Electric Vehicle Charging Management”
AC optimal power flow (ACOPF) is typically used for operational dispatch decisions. However, DC optimal power flow (DCOPF) based on linearization of the ACOPF is widely used for locational marginal price (LMP) calculation in market operation and settlements due to its efficiency and reasonable accuracy.
The DCOPF is considered to be sufficient in many cases. Especially for calculating LMPs of distribution systems, the DCOPF is a good option considering the large number of nodes in distribution systems. In industry, DCOPF has been employed by several software tools for chronological LMP simulation and forecasting.
| Language: | English |
|---|---|
| Publisher: | IEEE |
| Year: | 2014 |
| Pages: | 1867-1867 |
| ISSN: | 15580679 and 08858950 |
| Types: | Journal article |
| DOI: | 10.1109/TPWRS.2014.2325431 |
| ORCIDs: | Wu, Qiuwei |
AC optimal power flow ACOPF linearization Accuracy DC optimal power flow DCOPF Educational institutions Electric vehicles Industries Predictive models Pricing Software tools charge measurement chronological LMP forecasting chronological LMP simulation distribution locational marginal pricing distribution systems electric vehicles load flow market operation market settlements operational dispatch decisions optimal electric vehicle charging management power distribution economics power markets pricing software tools
