This paper presents a risk-based competitive bi-level framework for optimal decision-making in energy sales by a distribution company (DISCO) in an active distribution network (ADN). At the upper level of this framework, the DISCO and a rival retailer compete for selling energy. The DISCO intends to maximize its profit in the competitive market. Therefore, it is very important for the DISCO to make a decision and offer an optimal price for attracting customers and winning the competition. Networked microgrids (MGs) at the lower level, as the costumers, intend to purchase energy from less expensive sources in order to minimize costs. There is a bi-level framework with two different targets. The genetic algorithm is used to solve this problem. The DISCO needs to be cautious, so it uses the conditional value at risk (CVaR) to reduce the risk and increase the probability of making the desired profit. The effect of this index on the trade between the two levels is studied. The simulation results show that the proposed method can reduce the cost of MGs as the costumers, and can enable the DISCO as the seller to win the competition with its rivals.
In this paper, the interaction between energy sellers and buyers in utilizing active distribution networks is modeled with considering two networked and non-networked modes of microgrids (MGs). A retail electricity market is modeled as a bi-level problem. Accordingly, the Distribution Company (DISCO) in the upper level in order to maximize the profit offers an optimal price to MGs. While in the lower level, the MGs to compare the offered prices by DISCO with the prices of MGs generation sources for minimizing the total costs decided to whether to buy from the DISCO or not. As the first contribution of the paper is to consider the networked operation of the MGs under a unique beneficiary of MGs (BMG). As the second contribution, two very important indices reserve and self-adequacy are considered, which are necessary in the problems related to MGs. In this paper, the impact of considering and disregarding two important reserve and self-adequacy indices of MGs on the profit of the DISCO in two different scenarios is investigated. In each scenario, the impact of considering two modes networked and non-networked of MGs on the profit of DISCO is investigated. Simulation results show the efficiency the presented model.
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