Electricity Market for Direct Current Distribution Systems

Exploring the Design Space

Conference paper (2018)

Authors

L. Piao Algorithmics - EEMCS , Energy and Industry
Laurens De Vries Energy and Industry
M.M. de Weerdt Algorithmics - EEMCS
N. Yorke-Smith Olayan School of Business, American University of Beirut, Algorithmics - EEMCS
Research Group
Algorithmics (EEMCS) (TU Delft)
Copyright: © 2018 L. Piao, Laurens De Vries, M.M. de Weerdt, N. Yorke-Smith
DOI: https://doi.org/10.1109/EEM.2018.8469956
Flexibility Direct current Distribution system Design space Electricity market design
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Published Date

2018

Language

English

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Faculty

Electrical Engineering, Mathematics and Computer Science

Department

Software Technology

Research Group

Algorithmics

Abstract

Direct current distribution systems (DCDS), which connect local prosumers directly to community grids without AC/DC conversions, are a promising alternative to AC systems. While regulations call for market-based operation, existing markets for AC systems do not meet DC requirements and cannot be applied to a DCDS. This paper develops a design framework for local electricity markets and with it explores possible DCDS market designs. We review the technical requirements and desired properties for DCDS operation, enumerate its market design goals, then identify the design variables influencing the short-term market efficiency. This paper is our first step towards a systematic DCDS market design, and it supports our future work on quantitative analysis of the design choices.

Files

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