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| Content Provider | IET Digital Library |
|---|---|
| Author | Yang, Hong Tzer Liao, Jian Tang |
| Abstract | This study addresses a micro-grid electricity market (MGEM) with day-ahead (DA) and real-time market mechanisms integrated. The bidding mechanisms for the market are described in this study, considering the generation cost of different distributed energy resources (DERs), like distributed generator, energy storage system and demand response. Including load and renewable generation forecasting systems and a fuzzy decision supporting system, a hierarchical micro-grid energy management system (MG-EMS) is then proposed to ensure the benefits of involved micro-grid central controller, DER owners and customers. To verify the feasibility of the proposed system, the whole-year historical pricing and load data for New England independent system operator are employed. The numerical results show that the proposed MG-EMS is promising and effective for the operations of MGEM. |
| Starting Page | 477 |
| Ending Page | 486 |
| Page Count | 10 |
| Volume Number | 2014 |
| e-ISSN | 20513305 |
| Issue Number | Issue 8, Aug (2014) |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/joe/2014/8 |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/10.1049/joe.2014.0185 |
| Journal | The Journal of Engineering |
| Publisher | The Institution of Engineering and Technology |
| Publisher Date | 2014-07-25 |
| Access Restriction | Open |
| Rights License | Creative Commons Attribution-No Derivs License (http://creativecommons.org/licenses/by-nd/3.0/) |
| Subject Keyword | Bidding Mechanisms Combinatorial Mathematics Control Engineering Computing Control of Electric Power System Day-ahead Market Mechanism Decision Support System Demand Forecasting Demand Response Demand Side Management DER Distributed Energy Resources Distributed Generator Distributed Power Generation Distribution Network Energy Storage System Fuzzy Decision Supporting System Fuzzy Set Theory Generation Cost Hierarchical Energy Management Mechanisms Load Data Load Generation Forecasting System Load Management MGEM Microgrid Central Controller Microgrid Electricity Market New England Independent System Operator Power Distribution Control Power Distribution Economics Power Engineering Computing Power Generation Control Power Generation Economics Power Market Power System Control Power System Economics Power System Managemen Power System Operation Pricing Real-time Market Mechanism Renewable Generation Forecasting System Whole-year Historical Pricing |
| Content Type | Text |
| Resource Type | Article |
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