Title :
Dynamic market behavior of autonomous network based power systems
Author :
Wittebol, E.H.M. ; Jokic, Andrej ; van den Bosch, P.P.J.
Abstract :
Nowadays, competition in the electricity market is applied by electricity production companies. Increased penetration of distributed generators and renewable energy sources results in a large amount of market players and increased uncertainties. This paper presents the concept of autonomous networks as an efficient way to make such a complex system manageable. Modeling and analysis of autonomous network based power system market behavior is presented. Decentralized control of power imbalance is introduced and its stabilizing effect on the entire power system is shown
Keywords :
decentralised control; distributed power generation; power markets; power system control; power system management; power system stability; renewable energy sources; autonomous network based power systems; complex system management; decentralized control; distributed generators; dynamic market behavior; electricity markets; power imbalance; renewable energy sources; Distributed power generation; Electricity supply industry; Power system analysis computing; Power system dynamics; Power system management; Power system modeling; Power systems; Production; Renewable energy resources; Uncertainty; Electricity market dynamics; autonomous power networks; distributed generation; power system control;
Conference_Titel :
Future Power Systems, 2005 International Conference on
Conference_Location :
Amsterdam
Print_ISBN :
90-78205-02-4
DOI :
10.1109/FPS.2005.204288
