Electricity Market for Direct Current Distribution Systems: Exploring the Design Space

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Abstract

Direct current distribution systems (DCDS), which connect local prosumers directly to community grids without AC/DC conversions, are a promising alternative to AC systems. While regulations call for market-based operation, existing markets for AC systems do not meet DC requirements and cannot be applied to a DCDS. This paper develops a design framework for local electricity markets and with it explores possible DCDS market designs. We review the technical requirements and desired properties for DCDS operation, enumerate its market design goals, then identify the design variables influencing the short-term market efficiency. This paper is our first step towards a systematic DCDS market design, and it supports our future work on quantitative analysis of the design choices.
Original languageEnglish
Title of host publicationProceedings of the 15th International Conference on the European Energy Market, EEM'18
Place of PublicationPiscataway, NJ
PublisherIEEE
Pages1-5
Number of pages5
ISBN (Electronic)978-1-5386-1488-4
DOIs
Publication statusPublished - 2018
EventEEM 2018: 15th International Conference on the European Energy Market - Łódź, Poland
Duration: 27 Jun 201829 Jun 2018
Conference number: 15
http://www.eem18.eu/

Conference

ConferenceEEM 2018
Abbreviated titleEEM 18
CountryPoland
City Łódź
Period27/06/1829/06/18
Internet address

Keywords

  • electricity market design
  • direct current
  • distribution system
  • design space
  • flexibility

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