Strategic Bidding in Distribution Network Electricity Market Focusing on Competition Modeling and Uncertainties

Journal of Modern Power Systems and Clean Energy

Mehrdad Mallaki¹  Mehrdad Abedi¹  Gevork B. Gharehpetian¹  Mehdi S. Naderi²  Saeed D. Manshadi³ 

[1] Amirkabir University of Technology,Electrical Engineering Department,Tehran,Iran;Iran Grid Secure Operation Research Centre, Amirkabir University of Technology,Tehran,Iran;San Diego State University,Department of Electrical and Computer Engineering,San Diego,USA;

关键词: Competition modeling;    bidding strategy;    distribution network electricity market;    microgrid;    uncertainty;    robust optimization;   

DOI  :  10.35833/MPCE.2019.000177

来源: DOAJ

【 摘 要 】

Developing the electricity market at the distribution level can facilitate the energy transactions in distribution networks with a high penetration level of distributed energy resources (DERs) and microgrids (MGs). However, the lack of comprehensive information about the marginal production cost of competitors leads to uncertainties in the optimal bidding strategy of participants. The electricity demand within the network and the price in the wholesale electricity market are two other sources of the uncertainties. In this paper, a day-ahead-market-based framework for managing the energy transactions among MGs and other participants in distribution networks is introduced. A game-theory-based method is presented to model the competition and determine the optimal bidding strategy of participants in the market. Robust optimization technique is employed to capture the uncertainties in the marginal cost of competitors. Additionally, the uncertainties in demand are modeled using a scenario-based stochastic approach. The results obtained from case studies reveal the merit of considering competition modeling and uncertainties.

【 授权许可】

Unknown