Journal article ยท Ahead of Print article
Aggregator Operation in the Balancing Market Through Network-Constrained Transactive Energy
State Key Laboratory Of Alternate Electrical Power System With Renewable Energy Sources1
Department of Electrical Engineering, Technical University of Denmark2
Center for Electric Power and Energy, Centers, Technical University of Denmark3
Electric Power Systems, Center for Electric Power and Energy, Centers, Technical University of Denmark4
Energy System Management, Center for Electric Power and Energy, Centers, Technical University of Denmark5
Netherlands Organisation for Applied Scientific Research6
The future renewable-based power system will have an increased need for balancing power. Prosumers, having both generation and consumption capabilities, are expected to provide balancing power to the grid, if their flexibility can be appropriately managed. Meanwhile, undesirable line congestion and voltage violations may arise in the distribution network, when flexible resources respond to external control or price signals on a large scale.
Hence, the development of an effective framework to coordinate flexibility at the distribution system level is of utmost importance. Such a framework should allow for an optimal provision of prosumer balancing power services within the boundaries of local network security constraints. In this study, a balancing market participation framework is proposed, adopting the concept of network-constrained transactive energy, to facilitate the interactions between the transmission system operator and aggregators who manage prosumer energy profiles.
This framework retains user privacy and complies with the current market setup, where flexible energy is traded on the spot and balancing markets; however, it is ensured that the resulting energy profiles do not cause problems in the distribution network.
Language: | English |
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Publisher: | IEEE |
Year: | 2019 |
Pages: | 4071-4080 |
ISSN: | 15580679 and 08858950 |
Types: | Journal article and Ahead of Print article |
DOI: | 10.1109/TPWRS.2018.2874255 |
ORCIDs: | Yang, Guangya , Ziras, Charalampos , 0000-0002-8483-5501 and 0000-0002-7979-213X |
Aggregator Balancing market Indexes Optimization Power markets Power systems Prosumers SDG 7 - Affordable and Clean Energy Schedules Security Transactive energy Virtual storage
balancing market prosumers transactive energy virtual storage