Electricity market design requirements for DC distribution systems

Longjian Piao; Mathijs de Weerdt; Laurens de Vries

doi:10.1109/ICDCM.2017.8001028

Electricity market design requirements for DC distribution systems

Longjian Piao, Mathijs de Weerdt, Laurens de Vries

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

7 Citations (Scopus)

236 Downloads (Pure)

Abstract

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 language	English
Title of host publication	2017 IEEE Second International Conference on DC Microgrids, ICDCM 2017
Place of Publication	Piscataway, NJ
Publisher	IEEE
Pages	95-101
Number of pages	7
ISBN (Electronic)	978-1-5090-4479-5
DOIs	https://doi.org/10.1109/ICDCM.2017.8001028
Publication status	Published - 2017
Event	ICDCM 2017: 2nd IEEE International Conference on DC Microgrids - Nürnberg, Germany Duration: 27 Jun 2017 → 29 Jun 2017 Conference number: 2

Conference

Conference	ICDCM 2017
Abbreviated title	ICDCM
Country/Territory	Germany
City	Nürnberg
Period	27/06/17 → 29/06/17

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

electricity market
market design
DC distribution system
operational requirements
tradable services

Thematic collaboration

TU Delft Wind Energy Institute (DUWIND)

Access to Document

10.1109/ICDCM.2017.8001028

ICDCM-PiaoAccepted author manuscript, 357 KB

Cite this

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title = "Electricity market design requirements for DC distribution systems",

abstract = "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.",

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author = "Longjian Piao and \{de Weerdt\}, Mathijs and \{de Vries\}, Laurens",

year = "2017",

doi = "10.1109/ICDCM.2017.8001028",

language = "English",

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booktitle = "2017 IEEE Second International Conference on DC Microgrids, ICDCM 2017",

publisher = "IEEE",

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note = "ICDCM 2017 : 2nd IEEE International Conference on DC Microgrids, ICDCM ; Conference date: 27-06-2017 Through 29-06-2017",

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AU - Piao, Longjian

AU - de Weerdt, Mathijs

AU - de Vries, Laurens

N1 - Conference code: 2

PY - 2017

Y1 - 2017

N2 - 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.

AB - 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.

KW - electricity market

KW - market design

KW - DC distribution system

KW - operational requirements

KW - tradable services

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DO - 10.1109/ICDCM.2017.8001028

M3 - Conference contribution

SP - 95

EP - 101

BT - 2017 IEEE Second International Conference on DC Microgrids, ICDCM 2017

PB - IEEE

CY - Piscataway, NJ

T2 - ICDCM 2017

Y2 - 27 June 2017 through 29 June 2017

ER -

Electricity market design requirements for DC distribution systems

Abstract

Conference

UN SDGs

Keywords

Thematic collaboration

Access to Document

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