Decentralized Framework for Optimal Price-Based Power System Operation Using Feedback Control Mechanism

Decentralized Framework for Optimal Price-Based Power System Operation Using Feedback Control Mechanism

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 framew...

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Bibliographic Details
Main Authors: Young Gyu Jin, Seung Wan Kim, Si Young Lee, Yong Tae Yoon
Format: Article
Language:English
Published: MDPI AG 2017-03-01
Series:Energies
Subjects:
congestion management
decentralized system
nodal prices
optimal power flow
power system operation
Online Access:http://www.mdpi.com/1996-1073/10/3/291

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