Management of microgrids in market environment

Restructuring of power markets has helped in the penetration of distributed generation (DG) in the electricity networks. Microgrids are low voltage distribution networks comprising various distributed generators (DG), storage devices and controllable loads that can operate interconnected or isolated...

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Bibliographic Details
Published in2005 International Conference on Future Power Systems pp. 7 pp. - 7
Main Authors Hatziargyriou, N.D., Dimeas, A., Tsikalakis, A.G., Lopes, J.A.P., Karniotakis, G., Oyarzabal, J.
Format Conference Proceeding
LanguageEnglish
Published IEEE 2005
Subjects
Centralized control
Demand side bidding
Distributed control
Distributed Generation
Distributed power generation
Economic forecasting
Environmental management
Forecasting
Low voltage
Markets
Microgrids
Power engineering and energy
Power engineering computing
Power system interconnection
Production
Security
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Summary:Restructuring of power markets has helped in the penetration of distributed generation (DG) in the electricity networks. Microgrids are low voltage distribution networks comprising various distributed generators (DG), storage devices and controllable loads that can operate interconnected or isolated from the main distribution grid, as a controlled entity. This paper describes the main functions of the microgrid central controller required for the optimization of microgrid operation its interconnected operation. This is achieved by maximizing its value, i.e. optimizing production of the local DGs and power exchanges with the main distribution grid
ISBN:9789078205029
9078205024
DOI:10.1109/FPS.2005.204225