Demand-aware price policy synthesis and verification services for Smart Grids

In management tasks for modern electricity networks the stakeholders face typically two conflicting objectives: maximization of income (increasing demand) and reduction of demand peaks (reducing costs). To improve management of electricity distribution networks, an integrated service-based methodolo...

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Bibliographic Details
Published in2014 IEEE International Conference on Smart Grid Communications (SmartGridComm) pp. 794 - 799
Main Authors Mancini, Toni, Mari, Federico, Melatti, Igor, Salvo, Ivano, Tronci, Enrico, Gruber, Jorn Klaas, Hayes, Barry, Prodanovic, Milan, Elmegaard, Lars
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.11.2014
Subjects
Collaboration
Computational modeling
Power demand
Safety
Smart grids
State estimation
Substations
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DOI10.1109/SmartGridComm.2014.7007745

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Summary:In management tasks for modern electricity networks the stakeholders face typically two conflicting objectives: maximization of income (increasing demand) and reduction of demand peaks (reducing costs). To improve management of electricity distribution networks, an integrated service-based methodology is presented in this paper. Namely, the proposed approach: i) computes the operational constraints in order to improve utilization of the whole network; ii) enforces those constraints by focusing on each network substation separately; iii) verifies that probability of violating those constraints in nonnominal cases is fairly low. The feasibility of the approach has been tested tested by using a realistic scenario taken from an existing medium voltage Danish distribution network. In such scenario, the proposed method improves the network utilization and offers economic benefits for all the principal participants, i.e. DSOs, retailers and end users.
DOI:10.1109/SmartGridComm.2014.7007745