Closed loop price signal based market operation within Microgrids
Danny Pudjianto, Pierluigi Mancarella, Chin Kim Gan, Goran Strbac
EUROPEAN TRANSACTIONS ON ELECTRICAL POWER | WILEY-BLACKWELL | Published : 2011
Within a general Microgrid framework, this paper presents a model to simulate closed loop energy and ancillary services markets operated by a Microgrid Central Controller (MGCC) and to investigate the performance of such a market mechanism in managing disturbances both within and outside the Microgrid cell. The proposed approach can be seen as an alternative to a more traditional control approach in which the central operator optimises the dispatch of all generators taking into account their bids and then instructing them to produce their outputs at the specified prices according to merit order and network constraints. In the alternative approach discussed here, this dispatch decision is dec..View full abstract
Awarded by CEU Microgrids
Awarded by More Microgrids
Awarded by Engineering and Physical Sciences Research Council
The authors gratefully acknowledge the support and funding from CEU Microgrids (ENK5-CT-2002-00610) and More Microgrids (PL019864) research contracts.