Computation of loss factors for locational marginal prices in distribution systems

Nicholas M. Steffan, Gerald T. Heydt

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Scopus citations

Abstract

This paper presents alternatives for the calculation of locational marginal prices in electric power distribution systems. Although a distribution class locational marginal price (DLMP) is at the conceptual stage, the use of a DLMP has recognized potential for circuit loading strategies and energy and power flow control. The use of quadratic programming with the application of loss factors for the calculation of the DLMP is proposed and illustrated. A comparison of alternative techniques is presented and reviewed. The indicated DLMP calculation is a constrained, nonlinear optimization.

Original languageEnglish (US)
Title of host publicationIEEE Power and Energy Society General Meeting
PublisherIEEE Computer Society
Volume2015-September
ISBN (Print)9781467380409
DOIs
StatePublished - Sep 30 2015
EventIEEE Power and Energy Society General Meeting, PESGM 2015 - Denver, United States
Duration: Jul 26 2015Jul 30 2015

Other

OtherIEEE Power and Energy Society General Meeting, PESGM 2015
CountryUnited States
CityDenver
Period7/26/157/30/15

Keywords

  • DLMP
  • electric power marketing
  • linear programming
  • locational marginal prices
  • optimal power flow studies
  • power system distribution analysis
  • quadratic programming

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering

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  • Cite this

    Steffan, N. M., & Heydt, G. T. (2015). Computation of loss factors for locational marginal prices in distribution systems. In IEEE Power and Energy Society General Meeting (Vol. 2015-September). [7285607] IEEE Computer Society. https://doi.org/10.1109/PESGM.2015.7285607