A Risk-Based Decision Framework for the Distribution Company in Mutual Interaction With the Wholesale Day-Ahead Market and Microgrids

Abstract

A risk-based decision framework for the distribution company in mutual interaction with the wholesale day-ahead market and microgrids. IEEE transactions on industrial informatics 16(2), 764-778.

A Stackelberg Game-Based Approach for Transactive Energy Management in Smart Distribution Networks

“…In this part, firstly, the presented approach for the opt structure and characteristics of the available markets, are ex uncertainty modeling and mathematical formulations of the [18] Energies 2020, 13, x FOR PEER REVIEW…”

“…In the provided framework, the scheduling has been implemented only from the AG's perspective. A novel operational problem has been raised in [18], in which a Distribution Company (Disco) interacts and trades energy with both WEM and LEM at the same time. In this framework, the WEM and LEM are managed by the independent system operator and the microgrid owner, respectively.…”

“…an Independent AG [6]    [7]    [8]    [9]    [10]    [11]    [12]    [13]    [14]    [15]    [16]    [17]    [18]    [19]    [20]    [21]    This Paper     Designing a distinct LEM to create a novel platform for the TE exchange at the distribution level.  Presenting a Stackelberg game-based approach to model a TE environment in which the exchanged energy between autonomous financial entities and the DSO results in the equilibrium of the system.…”

“…AC power flow constraints: In this study, an AC power flow is applied to the SDN, in which the voltage magnitudes, current flows, and active powers are decision variables. According to the depicted branch in Figure 2, the technical constraints of a distribution network are modeled as follows [18]:…”

“…Nevertheless, since the above constraints are non-linear, they are linearized by using the Big-M method [35], as shown in Equations (18) and (21).…”