TY - GEN
T1 - Coordinated Market Clearing for Combined Thermal and Electric Distribution Grid Operation
AU - Troitzsch, Sebastian
AU - Zhang, Kai
AU - Massier, Tobias
AU - Hamacher, Thomas
N1 - Publisher Copyright:
© 2021 IEEE.
PY - 2021
Y1 - 2021
N2 - To economically dispatch distributed energy resources (DERs) while addressing operational concerns of the electric grid, distribution locational marginal price (DLMP)-based market frameworks have been formulated for the electric distribution grid. This paper proposes to extend this methodology to thermal grids, i.e. district heating or cooling systems, and presents a market-clearing mechanism based on the alternating direction method of multipliers (ADMM) for coordinating between thermal grid, electric grid and DER operation. The ability of the proposed mechanism to achieve the market equilibrium for a combined thermal and electric grid is demonstrated for a test case with 22 flexible loads (FLs).
AB - To economically dispatch distributed energy resources (DERs) while addressing operational concerns of the electric grid, distribution locational marginal price (DLMP)-based market frameworks have been formulated for the electric distribution grid. This paper proposes to extend this methodology to thermal grids, i.e. district heating or cooling systems, and presents a market-clearing mechanism based on the alternating direction method of multipliers (ADMM) for coordinating between thermal grid, electric grid and DER operation. The ability of the proposed mechanism to achieve the market equilibrium for a combined thermal and electric grid is demonstrated for a test case with 22 flexible loads (FLs).
UR - http://www.scopus.com/inward/record.url?scp=85124137911&partnerID=8YFLogxK
U2 - 10.1109/PESGM46819.2021.9637984
DO - 10.1109/PESGM46819.2021.9637984
M3 - Conference contribution
AN - SCOPUS:85124137911
T3 - IEEE Power and Energy Society General Meeting
BT - 2021 IEEE Power and Energy Society General Meeting, PESGM 2021
PB - IEEE Computer Society
T2 - 2021 IEEE Power and Energy Society General Meeting, PESGM 2021
Y2 - 26 July 2021 through 29 July 2021
ER -