Distribution optimal power flow with real-time price elasticity

Wei Wei, Jianhui Wang, Lei Wu

Research output: Contribution to journalArticlepeer-review

21 Scopus citations

Abstract

This letter investigates a new class of optimal power flow problem for distribution systems, where elastic loads respond to real-time nodal prices by adjusting their demands. A fixedpoint iteration algorithm is suggested to identify an equilibrium. A concise criterion is devised to judge convergence.

Original languageEnglish
Article number2691558
Pages (from-to)1097-1098
Number of pages2
JournalIEEE Transactions on Power Systems
Volume33
Issue number1
DOIs
StatePublished - Jan 2018

Keywords

  • Demand response
  • Distribution network
  • Locational marginal price
  • Optimal power flow

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