Title :
Determination of minimum guaranteed purchasing price from renewable sources at distribution network buses with consideration investment dynamics
Author :
MiriLarimi, S.M. ; Haghifam, Mahmood-Reza
Author_Institution :
Tarbiat Modares Univ. of Tehran, Tehran, Iran
Abstract :
With presence of renewable energy sources (RES) in electric distribution networks, utilities have the options to purchase energy from RES units and/or directly from the wholesale electricity market. The utility´s desired purchasing price of RES energy depends on their impacts on network, and as well as wholesale market price. This paper proposes a method to determine the minimum guaranteed purchasing price of RESs energy with consideration their impacts on loss, investment deferral, and air pollution. These prices are as efficient economical signal so that lead the investors to installation of RES at buses with more positive technically impact in distribution network. The investment dynamics is also considered in the proposed method.
Keywords :
air pollution; distributed power generation; investment; power distribution economics; power markets; pricing; renewable energy sources; air pollution; distributed power generation; distribution network buses; economical signal; investment deferral; investment dynamics; minimum guaranteed purchasing price; renewable energy sources; wholesale electricity market;
Conference_Titel :
Integration of Renewables into the Distribution Grid, CIRED 2012 Workshop
Conference_Location :
Lisbon
Electronic_ISBN :
978-1--84919-628-4
DOI :
10.1049/cp.2012.0879