@misc{f113608e97184955b3b0a998c1ce266c,
title = "A Transactive Approach for Service Restoration Utilizing Customer Load Flexibility and Grid-Edge Resources",
abstract = "This paper develops a transactive energy system model to restore electricity to customers in an isolated distribution system after an outage. The model engages a variety of customer types -- prosumers, flexible loads, critical/noncritical customers, and distributed generators -- as active participants in the restoration process. Unlike many existing transactive approaches, the proposed model is developed for service restoration and accounts for various customer types and their autonomy and privacy through an iterative approach to determine the optimal market price, while maintaining system-level power flow and voltage constraints. The advantages of the proposed approach are numerically validated on a modified IEEE 123-bus test system.",
keywords = "distributed energy resources, distribution grid, resilience, service restoration, transactive energy system",
author = "Jesse Dugan and Utkarsh Kumar and Fei Ding",
year = "2024",
language = "American English",
series = "Presented at the 2024 IEEE Power & Energy Society General Meeting, 21-25 July 2024, Seattle, Washington",
publisher = "National Renewable Energy Laboratory (NREL)",
address = "United States",
type = "Other",
}