Hierarchical energy management mechanisms for an electricity market with microgrids

Hierarchical energy management mechanisms for an electricity market with microgrids

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,...

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Bibliographic Details
Main Authors: Hong-Tzer Yang, Jian-Tang Liao
Format: Article
Language:English
Published: Wiley 2014-08-01
Series:The Journal of Engineering
Subjects:
power markets
control engineering computing
power engineering computing
load management
fuzzy set theory
decision support systems
demand side management
demand forecasting
pricing
distributed power generation
power distribution economics
power distribution control
power generation control
power generation economics
hierarchical energy management mechanisms
microgrid electricity market
MGEM
day-ahead market mechanism
real-time market mechanism
bidding mechanisms
generation cost
distributed energy resources
DER
distributed generator
energy storage system
demand response
load generation forecasting systems
renewable generation forecasting systems
fuzzy decision supporting system
microgrid central controller
whole-year historical pricing
load data
New England independent system operator
Online Access:http://digital-library.theiet.org/content/journals/10.1049/joe.2014.0185

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http://digital-library.theiet.org/content/journals/10.1049/joe.2014.0185

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