Abstract
The smart distribution system architecture provides value-based control techniques that facilitate bi-directional power flows and energy transactions. Although consensus and understanding continue to develop around peer-to-peer transactions, a distribution system operator aims to promote and enable interoperability among entities, particularly those who own distributed energy resources such as energy storage system (ESS) and distributed generation (DG). In this study, the authors address the optimal allocation of ESS and DG in the smart distribution system architecture, in order to help the integration of wind energy. The formulated objective is to minimise the sum of the annualised investment cost, the expected profit and the imbalance cost in the two-stage of power scheduling. The proposed model is verified on the modified IEEE 15-bus distribution radial system. The simulation results have verified the proposed planning approach. Also, results show that a more risk-seeking operation strategy is recommended if wind power penetration increases. © The Institution of Engineering and Technology 2018.
| Original language | English |
|---|---|
| Pages (from-to) | 1345-1353 |
| Journal | IET Renewable Power Generation |
| Volume | 12 |
| Issue number | 12 |
| DOIs | |
| Publication status | Published - 10 Sept 2018 |
| Externally published | Yes |
Bibliographical note
Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
RGC Funding Information
- RGC-funded
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