Date of Award
1-1-2017
Document Type
Dissertation
Degree Name
Ph.D.
Organizational Unit
Daniel Felix Ritchie School of Engineering and Computer Science, Electrical and Computer Engineering
First Advisor
Amin Khodaei, Ph.D.
Second Advisor
David Gao
Third Advisor
Mohammad Matin
Fourth Advisor
Andrew Goetz
Keywords
Distribution markets, Distribution system operator, Electricity markets, Microgrids, Power distribution, Pricing
Abstract
The growing penetration of distributed prosumers especially microgrids poses new challenges to the operation of wholesale markets and distribution power systems. Price spikes and higher uncertainty are among these consequences. Distribution markets are envisioned as a remedy to streamline integration of distributed resources and microgrids in the electricity market. This dissertation offers an analytical formulation of electricity markets in the distribution level, considering various prevailing aspects of the market operation problem.
The prevailing challenges in regards to integration of microgrids in the electricity markets are illustrated first, and the distribution market operator (DMO) construct is outlined. The day-ahead scheduling of a microgrid participating in a DMO market is formulated and studied. Then the operation of distribution markets integrated with large numbers of responsive participants is considered, and its transactions with the distribution market participants on one hand, and the wholesale market on the other hand are modeled and studied. The market settlement and clearing, essential in operation of distribution markets, is considered and solved. The pricing mechanism in a distribution market is proposed and the relation of distribution and transmission and distribution prices is studied. A more advanced pricing mechanism considering voltages and reactive power is developed and studied. In order to offer a more accurate pricing structure within the distribution system, a linearized distribution power flow is utilized. The performance of the proposed methods is analyzed and the results are presented. Markets have been recently envisioned to be a suitable instrument for integration of distributed energy resources in the distribution system, but most of the discussions surrounding this topic is at the conceptual level. In this work, it is demonstrated that distribution markets are effective in integrating microgrids and distributed resources in the electricity markets, and an analytical model is presented for design and operation of such markets.
Publication Statement
Copyright is held by the author. User is responsible for all copyright compliance.
Rights Holder
Sina Parhizi
Provenance
Received from ProQuest
File Format
application/pdf
Language
en
File Size
104 p.
Recommended Citation
Parhizi, Sina, "Design and Operation of Distribution Markets" (2017). Electronic Theses and Dissertations. 1341.
https://digitalcommons.du.edu/etd/1341
Copyright date
2017
Discipline
Electrical Engineering