March 18, 2022
Conference Paper
Simplified Transactive Distribution Grids for Bulk Power System Mechanism Development
Abstract
As distributed energy resources and smart devices become omnipresent in the electrical power grid, transactive energy control mechanisms are evolving. From real-time to day-ahead markets, these transactive energy algorithms involve more and more agents, whose behavior is going to affect the transmission and generation network. In order to study the interaction between the wholesale and retail energy markets, extensive co-simulations are performed. To be able to redesign, evaluate, and verify new control algorithms, the simulations need to provide results in a fast and reliable manner. This work has built and tested a transactive distribution grid model, the DSO-Stub, meant to offer a configurable distribution retail market while ensuring the computational burden is not significantly increased.Published: March 18, 2022