Abstract
Smart grid technologies are gaining acceptance and are being integrated into power distribution systems as a result of public and private investment and funding. However, costs of these technologies appear to be a clear obstacle in the widespread integration and maximal use of these technologies. In this paper, the utilization of dollar pricing signals is proposed and illustrated for power distribution engineering. A signal modeled after locational marginal pricing from transmission engineering is proposed to provide pricing data locally in distribution systems. The calculation, utilization, advantages, and shortcomings of the concept are presented. A main conclusion is that the use of a distribution locational marginal price signal fits well with an electronically controlled power distribution system.
| Original language | English (US) |
|---|---|
| Article number | 6182597 |
| Pages (from-to) | 907-914 |
| Number of pages | 8 |
| Journal | IEEE Transactions on Smart Grid |
| Volume | 3 |
| Issue number | 2 |
| DOIs | |
| State | Published - Apr 17 2012 |
Keywords
- Direct digital control
- distributed control
- distributed resources
- distribution engineering
- locational marginal prices
- power system control
- solid state controllers
- state estimation
ASJC Scopus subject areas
- Computer Science(all)