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Distributed generation, Transactive Energy, Optimal Power Flow, Locational Marginal Pricing, Load Shedding, MATPOWER
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Utilization Of Distributed Generation In Power System Peak Hour Load Shedding Reduction, Nandu Balachandran
Utilization Of Distributed Generation In Power System Peak Hour Load Shedding Reduction, Nandu Balachandran
University of New Orleans Theses and Dissertations
An approach to utilize Distributed Generation (DG) to minimize the total load shedding by analyzing the power system in Transactive energy framework is proposed. An algorithm to optimize power system in forward and spot markets to maximize an electric utility’s profit by optimizing purchase of power from DG is developed. The proposed algorithm is a multi-objective optimization with the main objective to maximize a utility’s profit by minimizing overall cost of production, load shedding, and purchase of power from distributed generators. This work also proposes a method to price power in forward and spot markets using existing LMP techniques. Transactive …