Electricity Markets for Direct Current Distribution Systems

Direct current distribution systems (DCDS) are a promising alternative to alternating current (AC) systems because they remove AC--DC conversion between sources and loads that cause energy losses. Compared to AC systems, a DCDS has higher power capacity, energy efficiency and reliability, and no need for synchronisation---suitable where a large...

Electricity market design requirements for DC distribution systems

DC distribution systems (DCDS) connect local generators and loads directly. By avoiding unnecessary losses in AC-DC conversion, DCDS offers higher energy efficiency. Since different parties in a DCDS may have conflicting goals, matching between power supply and demand should be done with carefully designed allocation rules and monetary transfers...