Distribution Electricity Pricing under Uncertainty

Volume: 35, Issue: 3, Pages: 2325 - 2338
Published: May 1, 2020
Abstract
Distribution locational marginal prices (DLMPs) facilitate the efficient operation of low-voltage electric power distribution systems. We propose an approach to internalize the stochasticity of renewable distributed energy resources (DERs) and risk tolerance of the distribution system operator in DLMP computations. This is achieved by means of applying conic duality to a chance-constrained AC optimal power flow. We show that the resulting DLMPs...
Paper Details
Title
Distribution Electricity Pricing under Uncertainty
Published Date
May 1, 2020
Volume
35
Issue
3
Pages
2325 - 2338
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