Market Power in Electric Power Distribution Systems
Published: Oct 1, 2019
Abstract
The roll-out of distributed energy resources (DERs) challenges the current operating practice of distribution utilities due to increased volatility and uncertainty of nodal power injections. Furthermore, many DERs are independently-owned and, therefore, will likely be operated without cooperation with a local utility. This combination of uncertainty and self-interest can motivate DERs to act strategically in future distribution (retail) markets...
Paper Details
Title
Market Power in Electric Power Distribution Systems
Published Date
Oct 1, 2019
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