Markets for Direct Current Distribution Systems: Towards Energy-based vs Flex-based Designs
Longjian Piao (TU Delft - Electrical Engineering, Mathematics and Computer Science, TU Delft - Technology, Policy and Management)
Laurens De Vries (TU Delft - Technology, Policy and Management)
Mathijs de Weerdt (TU Delft - Electrical Engineering, Mathematics and Computer Science)
Neil Yorke-Smith (American University of Beirut, TU Delft - Electrical Engineering, Mathematics and Computer Science)
More Info
expand_more
Other than for strictly personal use, it is not permitted to download, forward or distribute the text or part of it, without the consent of the author(s) and/or copyright holder(s), unless the work is under an open content license such as Creative Commons.
Abstract
Direct Current Distribution System (DCDS), a promising alternative to existing AC systems, connect customers to DC energy sources without AC/DC conversion. The unique features of DC, including the power-voltage coupling effect, impose different requirements to DCDS operation compared to AC. Addressing a liberalized energy market, this paper investigates the significant impact of market design on DCDS operation with an empirical analysis of electric vehicle charging. With an empirical analysis on EV charging, we investigate the level of efficiency a centralized market may theoretically reach, then compare it with a market based on prosumers’ local decision.