Abstract
In the development of smart grid at distribution level, the realization of real-time nodal pricing is one of the key challenges. The research work in this paper implements and studies the methodology of locational marginal pricing at distribution level based on a real-world distribution power system. The pricing mechanism utilizes optimal power flow to calculate the corresponding distributional nodal prices. Both Direct Current Optimal Power Flow and Alternate Current Optimal Power Flow are utilized to calculate and analyze the nodal prices. The University of Denver campus power grid is used as the power distribution system test bed to demonstrate the pricing methodology.
Original language | American English |
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Number of pages | 5 |
DOIs | |
State | Published - 10 Nov 2016 |
Event | 2016 IEEE Power and Energy Society General Meeting, PESGM 2016 - Boston, United States Duration: 17 Jul 2016 → 21 Jul 2016 |
Conference
Conference | 2016 IEEE Power and Energy Society General Meeting, PESGM 2016 |
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Country/Territory | United States |
City | Boston |
Period | 17/07/16 → 21/07/16 |
Bibliographical note
Publisher Copyright:© 2016 IEEE.
NREL Publication Number
- NREL/CP-5D00-67944
Keywords
- Campus power system
- Distribution locational marginal price
- Distribution power system
- Load shedding
- Optimal power flow