In network investments, much of the real options value may reside “in” identifying the proper configuration to develop, in terms of the timing and sizing of its deployment. A longer-term perspective, with a treatment of uncertainty that moves beyond simply increasing deterministic specifications, has the potential to improve the design of networked infrastructures, such as power transmission ne...

This paper discusses the implementation of a fuzzy logic based coordinated voltage control for a distribution system connected with distributed generations (DGs). The connection of DGs has created a challenge for the distribution network operators to keep the voltage in the system within its acceptable limits. Intelligent centralized or coordinated voltage control schemes have proven to be more...

The increasing penetration of variable energy resources in modern electric power systems requires additional flexibility in ancillary service provision to maintain reliable and efficient grid operations. However, full recognition and appropriate compensation of this flexibility is difficult to ensure within current power market designs due to rigidities in service definitions and requirements. ...

We consider a novel paradigm for demand side management that is based on the so called fuse control concept. We assume that an aggregator communicates with a household only at the meter, imposing a fuse limit, i.e. a restriction on the total consumption level within a given time frame. Consumers are then responsible to adjust the set-points of the individual household devices accordingly to mee...

Renewable energy sources (RES) have achieved high penetration rates in many areas, leading to curtailment, especially when existing network infrastructure is insufficient and energy generated cannot be exported. In this context, Distribution Network Operators (DNOs) face a significant knowledge gap about how to implement curtailment rules that achieve desired operational objectives, but at the ...

With the increasing connection of controllable devices to isolated community microgrid, an economic operation model of isolated community microgrid based on the temperature regulation characteristics of temperature controlling devices composed of wind turbine, micro-gas turbine, energy storage battery and heat pump is proposed. With full consideration of various economic costs, including fuel c...

The lack of real-time pricing in many retail electricity markets requires implementation of a response mechanism for curtailing demand, particularly during peak load periods. Following a review of transaction cost economics and an analysis of options available, a market based on the exchange of consumption rights is suggested as an alternative to the commonly used hierarchical methods of demand...

Electric boilers (EBs) provide an alternative method to deal with the accommodation of curtailed wind power. To pursue minimum coal consumption in system, a dispatching model integrating combined-heat-and-power (CHP) plants and EBs different locations is developed, penalty power curtailment cost EB employment are also incorporated model. The transmission loss transportation lag heat-supply netw...

In order to accommodate more intermittent renewable energy in coal-dominated power systems, conventional thermal plants need improve their operational flexibility balance the system at all times. However, flexible operation of coal-fired could reduce efficiency and increase CO2 pollutant emission, so it is important consider environmental implications optimize dispatch wind coal units system. t...

Large-scale wind power integration brings great challenges to system operation. The use of large-scale in the electricity market has become a concern for many researchers. Demand response (DR) and energy storage systems (ESSs) play crucial roles consumption power. In this paper, detailed DR model is established, including price-based demand (PBDR) incentive-based (IBDR). IBDR contains load shif...