Dispatch Insurance for ISO-Market Participating DERs in Distribution Systems

Yikui Liu, Lei Wu, Mohammad Shahidehpour

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

Abstract

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.

Original languageEnglish
Pages (from-to)3165-3168
Number of pages4
JournalIEEE Transactions on Power Systems
Volume37
Issue number4
DOIs
StatePublished - 1 Jul 2022

Keywords

  • Distributed energy resource integration
  • Shapley value
  • independent system operator energy market

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