Documents

  • ICDCM-Piao

    Accepted author manuscript, 356 KB, PDF-document

DOI

DC distribution systems (DCDS) connect local generators and loads directly. By avoiding unnecessary losses in AC-DC conversion, DCDS offers higher energy efficiency. Since different parties in a DCDS may have conflicting goals, matching between power supply and demand should be done with carefully designed allocation rules and monetary transfers, such that no one prefers to act otherwise than the outcome of the allocation. This paper reveals DCDS' unique operational requirements and indicates the challenges and opportunities they pose to market design. A design framework is introduced into DCDS electricity market, incl. tradable services, design goals, market participants, design options and performance criteria. We review the existing market models for AC and DC distribution systems and point out the direction for future work.
Original languageEnglish
Title of host publication2017 IEEE Second International Conference on DC Microgrids, ICDCM 2017
Place of PublicationPiscataway, NJ
PublisherIEEE
Pages95-101
Number of pages7
ISBN (Electronic)978-1-5090-4479-5
DOIs
StatePublished - 2017
EventICDCM 2017 - Nürnberg, Germany

Conference

ConferenceICDCM 2017
Abbreviated titleICDCM
CountryGermany
CityNürnberg
Period27/06/1729/06/17

    Research areas

  • electricity market, market design, DC distribution system, operational requirements, tradable services

ID: 24792298