Decentralized framework for optimal price-based power system operation using feedback control mechanism

1Citations
Citations of this article
8Readers
Mendeley users who have this article in their library.

Abstract

Future power systems are expected to have distributed energy resources (DERs). A price-based operation (PBO), where dynamic prices are used as the control signal, can be an alternative scheme to address challenging operational issues in the future power systems. In this paper, a decentralized framework for optimal PBO using a feedback control mechanism is proposed to determine the nodal prices for power balance and congestion management. The substructures and feedback controllers of the proposed framework are derived based on the optimal power flow (OPF) method. Thus, the framework guarantees optimality for all situations in real-time and enables the use of various types of controllers. The effectiveness of the proposed framework is verified with the IEEE 39 bus network under some scenarios, such as the failure of a generator and a transmission line. The results clearly demonstrate that the proposed framework successfully resolves the balance and congestion problems by generating appropriate nodal prices in the PBO and provides a solution similar to the optimal solution determined by the conventional OPF method.

Cite

CITATION STYLE

APA

Jin, Y. G., Kim, S. W., Lee, S. Y., & Yoon, Y. T. (2017). Decentralized framework for optimal price-based power system operation using feedback control mechanism. Energies, 10(3). https://doi.org/10.3390/en10030291

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free