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Optimal And Secure Electricity Market Framework For Market Operation Of Multi-Microgrid Systems, Mohammad Mahmoudian Esfahani

FIU Electronic Theses and Dissertations

Traditional power systems were typically based on bulk energy services by large utility companies. However, microgrids and distributed generations have changed the structure of modern power systems as well as electricity markets. Therefore, restructured electricity markets are needed to address energy transactions in modern power systems.

In this dissertation, we developed a hierarchical and decentralized electricity market framework for multi-microgrid systems, which clears energy transactions through three market levels; Day-Ahead-Market (DAM), Hour-Ahead-Market (HAM) and Real-Time-Market (RTM). In this market, energy trades are possible between all participants within the microgrids as well as inter-microgrids transactions. In this approach, we developed a …