Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling

Ke Ma; Jianming Lian; Peng Wang; Donald J. Hammerstrom

doi:10.1109/PESGM40551.2019.8973491

Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling

Ke Ma
, Jianming Lian
, Peng Wang
, Donald J. Hammerstrom

Pacific Northwest National Laboratory

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

2 Scopus citations

Abstract

Energy storage is recently attracting greater interests as an another enabling technology for renewable integration in addition to flexible loads. In this paper, the optimal utilization of flexibility from both flexible loads and energy storage through price coordination is considered. In particular, a new transactive coordination is proposed to solve this problem through day-ahead scheduling. Both flexible loads and energy storage are treated as the participants along with generators in a day-ahead market with their own private and distinct objectives. An iterative market clearing method is developed to determine the day-ahead hourly locational marginal prices (LMPs), which takes into account the power flow constraints imposed by network interconnections. The simulation studies demonstrates the benefits of incorporating the flexibility of energy storage into the day-ahead scheduling.

Original language	English
Title of host publication	2019 IEEE Power and Energy Society General Meeting, PESGM 2019
Publisher	IEEE Computer Society
ISBN (Electronic)	9781728119816
DOIs	https://doi.org/10.1109/PESGM40551.2019.8973491
State	Published - Aug 2019
Externally published	Yes
Event	2019 IEEE Power and Energy Society General Meeting, PESGM 2019 - Atlanta, United States Duration: 4 Aug 2019 → 8 Aug 2019

Publication series

Name	IEEE Power and Energy Society General Meeting
Volume	2019-August
ISSN (Print)	1944-9925
ISSN (Electronic)	1944-9933

Conference

Conference	2019 IEEE Power and Energy Society General Meeting, PESGM 2019
Country/Territory	United States
City	Atlanta
Period	4/08/19 → 8/08/19

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Access to Document

10.1109/PESGM40551.2019.8973491

Cite this

@inproceedings{39e58dbe74b8475f8aee6e3f28726772,

title = "Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling",

abstract = "Energy storage is recently attracting greater interests as an another enabling technology for renewable integration in addition to flexible loads. In this paper, the optimal utilization of flexibility from both flexible loads and energy storage through price coordination is considered. In particular, a new transactive coordination is proposed to solve this problem through day-ahead scheduling. Both flexible loads and energy storage are treated as the participants along with generators in a day-ahead market with their own private and distinct objectives. An iterative market clearing method is developed to determine the day-ahead hourly locational marginal prices (LMPs), which takes into account the power flow constraints imposed by network interconnections. The simulation studies demonstrates the benefits of incorporating the flexibility of energy storage into the day-ahead scheduling.",

author = "Ke Ma and Jianming Lian and Peng Wang and Hammerstrom, \{Donald J.\}",

note = "Publisher Copyright: {\textcopyright} 2019 IEEE.; 2019 IEEE Power and Energy Society General Meeting, PESGM 2019 ; Conference date: 04-08-2019 Through 08-08-2019",

year = "2019",

month = aug,

doi = "10.1109/PESGM40551.2019.8973491",

language = "英语",

series = "IEEE Power and Energy Society General Meeting",

publisher = "IEEE Computer Society",

booktitle = "2019 IEEE Power and Energy Society General Meeting, PESGM 2019",

address = "美国",

}

Ma, K, Lian, J, Wang, P & Hammerstrom, DJ 2019, Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling. in 2019 IEEE Power and Energy Society General Meeting, PESGM 2019., 8973491, IEEE Power and Energy Society General Meeting, vol. 2019-August, IEEE Computer Society, 2019 IEEE Power and Energy Society General Meeting, PESGM 2019, Atlanta, United States, 4/08/19. https://doi.org/10.1109/PESGM40551.2019.8973491

Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling. / Ma, Ke; Lian, Jianming; Wang, Peng et al.
2019 IEEE Power and Energy Society General Meeting, PESGM 2019. IEEE Computer Society, 2019. 8973491 (IEEE Power and Energy Society General Meeting; Vol. 2019-August).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling

AU - Ma, Ke

AU - Lian, Jianming

AU - Wang, Peng

AU - Hammerstrom, Donald J.

PY - 2019/8

Y1 - 2019/8

N2 - Energy storage is recently attracting greater interests as an another enabling technology for renewable integration in addition to flexible loads. In this paper, the optimal utilization of flexibility from both flexible loads and energy storage through price coordination is considered. In particular, a new transactive coordination is proposed to solve this problem through day-ahead scheduling. Both flexible loads and energy storage are treated as the participants along with generators in a day-ahead market with their own private and distinct objectives. An iterative market clearing method is developed to determine the day-ahead hourly locational marginal prices (LMPs), which takes into account the power flow constraints imposed by network interconnections. The simulation studies demonstrates the benefits of incorporating the flexibility of energy storage into the day-ahead scheduling.

AB - Energy storage is recently attracting greater interests as an another enabling technology for renewable integration in addition to flexible loads. In this paper, the optimal utilization of flexibility from both flexible loads and energy storage through price coordination is considered. In particular, a new transactive coordination is proposed to solve this problem through day-ahead scheduling. Both flexible loads and energy storage are treated as the participants along with generators in a day-ahead market with their own private and distinct objectives. An iterative market clearing method is developed to determine the day-ahead hourly locational marginal prices (LMPs), which takes into account the power flow constraints imposed by network interconnections. The simulation studies demonstrates the benefits of incorporating the flexibility of energy storage into the day-ahead scheduling.

UR - https://www.scopus.com/pages/publications/85079073565

U2 - 10.1109/PESGM40551.2019.8973491

DO - 10.1109/PESGM40551.2019.8973491

M3 - 会议稿件

AN - SCOPUS:85079073565

T3 - IEEE Power and Energy Society General Meeting

BT - 2019 IEEE Power and Energy Society General Meeting, PESGM 2019

PB - IEEE Computer Society

T2 - 2019 IEEE Power and Energy Society General Meeting, PESGM 2019

Y2 - 4 August 2019 through 8 August 2019

ER -

Transactive Coordination of Flexible Loads with Energy Storage through Day-ahead Scheduling

Abstract

Publication series

Conference

UN SDGs

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