Abstract
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).
| Original language | English |
|---|---|
| Title of host publication | 2021 IEEE Power and Energy Society General Meeting, PESGM 2021 |
| Publisher | IEEE Computer Society |
| ISBN (Electronic) | 9781665405072 |
| DOIs | |
| State | Published - 2021 |
| Event | 2021 IEEE Power and Energy Society General Meeting, PESGM 2021 - Washington, United States Duration: 26 Jul 2021 → 29 Jul 2021 |
Publication series
| Name | IEEE Power and Energy Society General Meeting |
|---|---|
| Volume | 2021-July |
| ISSN (Print) | 1944-9925 |
| ISSN (Electronic) | 1944-9933 |
Conference
| Conference | 2021 IEEE Power and Energy Society General Meeting, PESGM 2021 |
|---|---|
| Country/Territory | United States |
| City | Washington |
| Period | 26/07/21 → 29/07/21 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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