Optimal DR and ESS Scheduling for Distribution Losses Payments Minimization Under Electricity Price Uncertainty

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Title: Optimal DR and ESS Scheduling for Distribution Losses Payments Minimization Under Electricity Price Uncertainty
Authors: Soroudi, Alireza
Siano, Pierluigi
Keane, Andrew
Permanent link: http://hdl.handle.net/10197/6741
Date: Jan-2016
Abstract: The distribution network operator is usually responsible for increasing the efficiency and reliability of network operation. The target of active loss minimization is in line with efficiency improvement. However, this approach may not be the best way to decrease the losses payments in an unbundled market environment. This paper investigates the differences between loss minimization and loss payment minimization strategies. It proposes an effective approach for decreasing the losses payment considering the uncertainties of electricity prices in a day ahead energy market using energy storage systems and demand response. In order to quantify the benefits of the proposed method, the evaluation of the proposed technique is carried out by applying it on a 33-bus distribution network.
Funding Details: Science Foundation Ireland
Type of material: Journal Article
Publisher: IEEE
Copyright (published version): 2016 IEEE
Keywords: Active losses;Demand response;Energy storage system;Robust optimization;Uncertainty
DOI: 10.1109/TSG.2015.2453017
Language: en
Status of Item: Peer reviewed
Appears in Collections:Electrical and Electronic Engineering Research Collection

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