Electricity Markets for DC Distribution Systems: Design Options
DC distribution systems (DCDSs) are a promising alternative to AC systems because they remove AC-DC conversions between renewable sources and loads. Their unique features compared to AC include low system inertia, strict power limits and power−voltage coupling. In a liberalised electricity...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2019-07-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/12/14/2640 |
| _version_ | 1811301184225411072 |
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| author | Longjian Piao Laurens de Vries Mathijs de Weerdt Neil Yorke-Smith |
| author_facet | Longjian Piao Laurens de Vries Mathijs de Weerdt Neil Yorke-Smith |
| author_sort | Longjian Piao |
| collection | DOAJ |
| description | DC distribution systems (DCDSs) are a promising alternative to AC systems because they remove AC-DC conversions between renewable sources and loads. Their unique features compared to AC include low system inertia, strict power limits and power−voltage coupling. In a liberalised electricity market, merely applying an AC market design to a DCDS cannot guarantee the latter’s supply security and voltage stability; new markets must be designed to meet DC challenges. This article identifies the key design options of DCDS electricity markets. To identify these options, we develop a comprehensive design framework for local electricity markets; to our knowledge, we provide the first such analysis. Whereas previous studies focus on separate aspects of DCDS markets, we widen the scope to include the role of market architecture and investigate the arrangements of sub-markets. As an illustration, we demonstrate three promising DCDS market designs that can be defined in our framework, and provide a first assessment of their performance. |
| first_indexed | 2024-04-13T07:04:20Z |
| format | Article |
| id | doaj.art-6a926214c4cd4a08be0708907f8707cd |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-04-13T07:04:20Z |
| publishDate | 2019-07-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-6a926214c4cd4a08be0708907f8707cd2022-12-22T02:57:02ZengMDPI AGEnergies1996-10732019-07-011214264010.3390/en12142640en12142640Electricity Markets for DC Distribution Systems: Design OptionsLongjian Piao0Laurens de Vries1Mathijs de Weerdt2Neil Yorke-Smith3Technology, Policy and Management, Delft University of Technology, 2628 BX Delft, The NetherlandsTechnology, Policy and Management, Delft University of Technology, 2628 BX Delft, The NetherlandsElectrical Engineering, Mathematics and Computer Science, Delft University of Technology, 2628 XE Delft, The NetherlandsElectrical Engineering, Mathematics and Computer Science, Delft University of Technology, 2628 XE Delft, The NetherlandsDC distribution systems (DCDSs) are a promising alternative to AC systems because they remove AC-DC conversions between renewable sources and loads. Their unique features compared to AC include low system inertia, strict power limits and power−voltage coupling. In a liberalised electricity market, merely applying an AC market design to a DCDS cannot guarantee the latter’s supply security and voltage stability; new markets must be designed to meet DC challenges. This article identifies the key design options of DCDS electricity markets. To identify these options, we develop a comprehensive design framework for local electricity markets; to our knowledge, we provide the first such analysis. Whereas previous studies focus on separate aspects of DCDS markets, we widen the scope to include the role of market architecture and investigate the arrangements of sub-markets. As an illustration, we demonstrate three promising DCDS market designs that can be defined in our framework, and provide a first assessment of their performance.https://www.mdpi.com/1996-1073/12/14/2640electricity market designdirect currentdistribution systemlocal marketflexibility |
| spellingShingle | Longjian Piao Laurens de Vries Mathijs de Weerdt Neil Yorke-Smith Electricity Markets for DC Distribution Systems: Design Options Energies electricity market design direct current distribution system local market flexibility |
| title | Electricity Markets for DC Distribution Systems: Design Options |
| title_full | Electricity Markets for DC Distribution Systems: Design Options |
| title_fullStr | Electricity Markets for DC Distribution Systems: Design Options |
| title_full_unstemmed | Electricity Markets for DC Distribution Systems: Design Options |
| title_short | Electricity Markets for DC Distribution Systems: Design Options |
| title_sort | electricity markets for dc distribution systems design options |
| topic | electricity market design direct current distribution system local market flexibility |
| url | https://www.mdpi.com/1996-1073/12/14/2640 |
| work_keys_str_mv | AT longjianpiao electricitymarketsfordcdistributionsystemsdesignoptions AT laurensdevries electricitymarketsfordcdistributionsystemsdesignoptions AT mathijsdeweerdt electricitymarketsfordcdistributionsystemsdesignoptions AT neilyorkesmith electricitymarketsfordcdistributionsystemsdesignoptions |