Conference paper
Utilizing flexibility resources in the future power system operation: Alternative approaches
Department of Applied Mathematics and Computer Science, Technical University of Denmark1
Dynamical Systems, Department of Applied Mathematics and Computer Science, Technical University of Denmark2
University of Queensland3
CITIES - Centre for IT-Intelligent Energy Systems, Centers, Technical University of Denmark4
Future power system will experience large amount of renewable generation with highly stochastic and partly unpredictable characteristics. To safely operate power system, new Flexibility Resources (FRs) are needed to participate in the operation. Some of the new FRs are linked to the electricity system, but they are managed outside of the electrical network by other energy sectors.
To this end, an Integrated Energy System (IES) is needed to exploit such cross-sectoral opportunities. On the other hand, small FRs at the distribution level exist which can play an important role in the future. To exploit existing FRs, however, new operational strategies are needed. In this paper, Transactive Energy (TE) and Control-Based Approaches (CBA) are explained as the two mainstream frameworks in relation to the future energy system operation.
The paper investigates benefits and drawbacks of each framework and finally defines a benchmark to better understand the potential of these solutions for the future energy management. The paper also concludes that more comprehensive operational approaches, beyond distribution system management, are required to fulfill the upcoming requirements.
Language: | English |
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Publisher: | IEEE |
Year: | 2018 |
Pages: | 1-6 |
Proceedings: | 2018 IEEE International Energy Conference |
ISBN: | 1538612836 , 1538636697 , 9781538612835 and 9781538636695 |
Types: | Conference paper |
DOI: | 10.1109/ENERGYCON.2018.8398773 |
ORCIDs: | Madsen, Henrik and Poulsen, Niels Kjølstad |
Integrated Energy System Optimization Power system dynamics Real-time systems Smart grids Transactive Energy Transactive energy distribution system management electrical network energy management energy management systems flexibility resources power distribution control power system operation renewable energy sources renewable generation stochastic characteristics stochastic processes