Integrated retail and wholesale power system operation with smart-grid functionality

Author

Aliprantis, Dionysios ; Penick, Scott ; Tesfatsion, Leigh ; Zhao, Huan

fYear

2010

fDate

25-29 July 2010

Firstpage

1

Lastpage

8

Abstract

Our research team is developing an agent-based test bed for the integrated study of retail and wholesale power markets operating over transmission and distribution networks with smart-grid functionality. This test bed seams together two existing test beds, the AMES Wholesale Power Market Test Bed and the GridLAB-D distribution platform. As a first step, we have designed an integrated retail/wholesale market module specifically based on the ERCOT (Texas) energy region, and we are using simplified versions of this module to study potential retail consumer response to real-time-pricing contracts supported by advanced metering. This study reports on the latter work.

Keywords

distribution networks; power markets; smart power grids; AMES; ERCOT; GridLAB-D distribution platform; agent-based test bed; distribution networks; integrated retail power system operation; integrated wholesale power system operation; real-time-pricing contracts; research team; smart grid functionality; transmission networks; Restructured power markets; agent-based test bed; demand response; real-time pricing; retail competition; smart grid;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2010 IEEE

Conference_Location

Minneapolis, MN

ISSN

1944-9925

Print_ISBN

978-1-4244-6549-1

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PES.2010.5589594

Filename

5589594