TY - JOUR
T1 - Dispatch Insurance for ISO-Market Participating DERs in Distribution Systems
AU - Liu, Yikui
AU - Wu, Lei
AU - Shahidehpour, Mohammad
N1 - Publisher Copyright:
© 1969-2012 IEEE.
PY - 2022/7/1
Y1 - 2022/7/1
N2 - The proliferation of distributed energy resources (DER) under diverse jurisdiction in distribution networks raises new challenges to the utility. Indeed, when directly participating in the independent system operator's (ISO) energy market and following market clearing instructions, DERs could compete with the utility-controlled DERs on utilizing available distribution network capacities. This letter proposes the concept of dispatch insurance by leveraging financial interests of the utility and market participating DERs to resolve the conflict issue.
AB - The proliferation of distributed energy resources (DER) under diverse jurisdiction in distribution networks raises new challenges to the utility. Indeed, when directly participating in the independent system operator's (ISO) energy market and following market clearing instructions, DERs could compete with the utility-controlled DERs on utilizing available distribution network capacities. This letter proposes the concept of dispatch insurance by leveraging financial interests of the utility and market participating DERs to resolve the conflict issue.
KW - Distributed energy resource integration
KW - Shapley value
KW - independent system operator energy market
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U2 - 10.1109/TPWRS.2022.3158147
DO - 10.1109/TPWRS.2022.3158147
M3 - Article
AN - SCOPUS:85126325864
SN - 0885-8950
VL - 37
SP - 3165
EP - 3168
JO - IEEE Transactions on Power Systems
JF - IEEE Transactions on Power Systems
IS - 4
ER -