2019
DOI: 10.1109/tpwrs.2018.2834913
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A Dynamical Systems Approach to Modeling and Analysis of Transactive Energy Coordination

Abstract: Under transactive (market-based) coordination, a population of distributed energy resources (DERs), such as thermostatically controlled loads (TCLs) and storage devices, bid into an energy market. Consequently, a certain level of demand will be cleared based on the operating conditions of the grid. This paper analyzes the influence of various factors, such as price signals, feeder limits, and user-defined bid functions and preferences, on the aggregate energy usage of DERs. We identify cases that can lead to l… Show more

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Cited by 36 publications
(60 citation statements)
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References 41 publications
(96 reference statements)
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“…Although a careful study of TES design in relation to power spiking is beyond the scope of the current paper, we note that some research on this important topic has already been conducted. For example, Nazir and Hiskens [45] demonstrate that unintended oscillations in aggregate power usage can arise from a number of different factors, including bid function formulations, distribution feeder capacity limits, and the timing of price signals. In particular, Nazir and Hiskens [45] stress the role of lock-out conditions during which customers require uninterrupted power supply.…”
Section: Reliability Results and Discussionmentioning
confidence: 99%
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“…Although a careful study of TES design in relation to power spiking is beyond the scope of the current paper, we note that some research on this important topic has already been conducted. For example, Nazir and Hiskens [45] demonstrate that unintended oscillations in aggregate power usage can arise from a number of different factors, including bid function formulations, distribution feeder capacity limits, and the timing of price signals. In particular, Nazir and Hiskens [45] stress the role of lock-out conditions during which customers require uninterrupted power supply.…”
Section: Reliability Results and Discussionmentioning
confidence: 99%
“…8 Centrally-managed TES designs can in turn be divided into two basic types, direct and iterative. In direct forms, referred to in [8] as one-time information exchange-based designs, an aggregator sets the terms of trade in each market period directly following the receipt of bids from GERs; see, for example, [45]. In iterative forms, referred to in [8] as iterative information exchange-based designs, an aggregator sets the terms of trade in each market period only after multiple information exchanges have taken place between the aggregator and GER participants.…”
Section: A Generic Tes Designmentioning
confidence: 99%
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“…where P set,r refers to the set-point provided by the optimal set-point dispatcher about every minute, K r is a proportional controller that is further adjusted by a factor K adj,r (as defined in (18), see below). The net VB power, p b,r , (computed from (6)) is injected into the "Feeder" block (which represents the feeder with nodal active power injections as input and its head node active power as output) at the respective location.…”
Section: A Overview Of Intra-feeder Control Of Virtual Batteriesmentioning
confidence: 99%
“…Some of these schemes focus on broadcasting prices directly to devices. However, with large-scale participation of DERs, transactive energy is susceptible to harmful load synchronization effects, power oscillations, and volatile prices, as shown in [18]. Other grid-aware approaches include optimization-based methods to account for AC network constraints [19], where VB control is achieved by solving an optimization problem based on AC network models and tracking a Karush-Kuhn-Tucker (KKT) point that satisfies the KKT optimality conditions.…”
Section: Introduction a Background And Motivationmentioning
confidence: 99%