TY - GEN
T1 - An investigation of the impact of dispatchable power routers on electricity markets and market participants
AU - Thomas, James Jamal
AU - Hernandez, Jorge E.
AU - Grijalva, Santiago
N1 - Publisher Copyright:
© 2014 IEEE.
PY - 2014/10/29
Y1 - 2014/10/29
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
UR - https://www.scopus.com/pages/publications/84930989508
U2 - 10.1109/PESGM.2014.6938907
DO - 10.1109/PESGM.2014.6938907
M3 - Conference contribution
AN - SCOPUS:84930989508
T3 - IEEE Power and Energy Society General Meeting
BT - 2014 IEEE PES General Meeting / Conference and Exposition
PB - IEEE Computer Society
T2 - 2014 IEEE Power and Energy Society General Meeting
Y2 - 27 July 2014 through 31 July 2014
ER -