An investigation of the impact of dispatchable power routers on electricity markets and market participants

James Jamal Thomas; Jorge E. Hernandez; Santiago Grijalva

doi:10.1109/PESGM.2014.6938907

An investigation of the impact of dispatchable power routers on electricity markets and market participants

James Jamal Thomas, Jorge E. Hernandez, Santiago Grijalva

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Scopus citations

Abstract

Power routers are novel power electronic devices capable of distributing the flow of power across a meshed electricity network, with potentially enormous benefits for the power system. In order to model the impact of power routers on electricity markets, power router control must be incorporated into electricity market algorithms such as the security-constrained optimal power flow. Once power router control is incorporated into these tools, its impact on markets and market participants can be investigated through observation of its affect on locational marginal prices. This paper investigates the impact of a dispatchable power router paradigm on electricity markets and market participants through incorporation of power router control into the security-constrained optimal power flow algorithm.

Original language	English
Title of host publication	2014 IEEE PES General Meeting / Conference and Exposition
Publisher	IEEE Computer Society
Edition	October
ISBN (Electronic)	9781479964154
DOIs	https://doi.org/10.1109/PESGM.2014.6938907
State	Published - 29 Oct 2014
Externally published	Yes
Event	2014 IEEE Power and Energy Society General Meeting - National Harbor, United States Duration: 27 Jul 2014 → 31 Jul 2014

Publication series

Name	IEEE Power and Energy Society General Meeting
Number	October
Volume	2014-October
ISSN (Print)	1944-9925
ISSN (Electronic)	1944-9933

Conference

Conference	2014 IEEE Power and Energy Society General Meeting
Country/Territory	United States
City	National Harbor
Period	27/07/14 → 31/07/14

Keywords

Flexible AC transmission systems
Power generation dispatch
Power grids
Power system control
Power system economics
Power system reliability

Access to Document

10.1109/PESGM.2014.6938907

Cite this

Thomas, J. J., Hernandez, J. E., & Grijalva, S. (2014). An investigation of the impact of dispatchable power routers on electricity markets and market participants. In 2014 IEEE PES General Meeting / Conference and Exposition (October ed.). Article 6938907 (IEEE Power and Energy Society General Meeting; Vol. 2014-October, No. October). IEEE Computer Society. https://doi.org/10.1109/PESGM.2014.6938907

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title = "An investigation of the impact of dispatchable power routers on electricity markets and market participants",

abstract = "Power routers are novel power electronic devices capable of distributing the flow of power across a meshed electricity network, with potentially enormous benefits for the power system. In order to model the impact of power routers on electricity markets, power router control must be incorporated into electricity market algorithms such as the security-constrained optimal power flow. Once power router control is incorporated into these tools, its impact on markets and market participants can be investigated through observation of its affect on locational marginal prices. This paper investigates the impact of a dispatchable power router paradigm on electricity markets and market participants through incorporation of power router control into the security-constrained optimal power flow algorithm.",

keywords = "Flexible AC transmission systems, Power generation dispatch, Power grids, Power system control, Power system economics, Power system reliability",

author = "Thomas, {James Jamal} and Hernandez, {Jorge E.} and Santiago Grijalva",

note = "Publisher Copyright: {\textcopyright} 2014 IEEE.; 2014 IEEE Power and Energy Society General Meeting ; Conference date: 27-07-2014 Through 31-07-2014",

year = "2014",

month = oct,

day = "29",

doi = "10.1109/PESGM.2014.6938907",

language = "English",

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Thomas, JJ, Hernandez, JE & Grijalva, S 2014, An investigation of the impact of dispatchable power routers on electricity markets and market participants. in 2014 IEEE PES General Meeting / Conference and Exposition. October edn, 6938907, IEEE Power and Energy Society General Meeting, no. October, vol. 2014-October, IEEE Computer Society, 2014 IEEE Power and Energy Society General Meeting, National Harbor, United States, 27/07/14. https://doi.org/10.1109/PESGM.2014.6938907

An investigation of the impact of dispatchable power routers on electricity markets and market participants. / Thomas, James Jamal; Hernandez, Jorge E.; Grijalva, Santiago.
2014 IEEE PES General Meeting / Conference and Exposition. October. ed. IEEE Computer Society, 2014. 6938907 (IEEE Power and Energy Society General Meeting; Vol. 2014-October, No. October).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AU - Hernandez, Jorge E.

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N2 - Power routers are novel power electronic devices capable of distributing the flow of power across a meshed electricity network, with potentially enormous benefits for the power system. In order to model the impact of power routers on electricity markets, power router control must be incorporated into electricity market algorithms such as the security-constrained optimal power flow. Once power router control is incorporated into these tools, its impact on markets and market participants can be investigated through observation of its affect on locational marginal prices. This paper investigates the impact of a dispatchable power router paradigm on electricity markets and market participants through incorporation of power router control into the security-constrained optimal power flow algorithm.

AB - Power routers are novel power electronic devices capable of distributing the flow of power across a meshed electricity network, with potentially enormous benefits for the power system. In order to model the impact of power routers on electricity markets, power router control must be incorporated into electricity market algorithms such as the security-constrained optimal power flow. Once power router control is incorporated into these tools, its impact on markets and market participants can be investigated through observation of its affect on locational marginal prices. This paper investigates the impact of a dispatchable power router paradigm on electricity markets and market participants through incorporation of power router control into the security-constrained optimal power flow algorithm.

KW - Flexible AC transmission systems

KW - Power generation dispatch

KW - Power grids

KW - Power system control

KW - Power system economics

KW - Power system reliability

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Y2 - 27 July 2014 through 31 July 2014

ER -

An investigation of the impact of dispatchable power routers on electricity markets and market participants

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Keywords

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