Title :
Tools for the Analysis and Design of Distributed Resources—Part III: Market Studies
Author :
Conejo, Antonio J. ; Morales, Juan M. ; Martínez, Juan A.
Author_Institution :
Electr. Eng., Univ. of Castilla-La Mancha, Ciudad Real, Spain
fDate :
7/1/2011 12:00:00 AM
Abstract :
This paper provides an overview of market issues related to the economic operation of an electric energy system with a high penetration of distributed energy resources. Models and tools to tackle these issues are discussed. A fully-fledged market structure of the pool type is considered. The analysis focuses on a particular distributed resource, wind power, the most economically successful renewable source.
Keywords :
distributed power generation; power markets; distributed energy resources; economic operation; electric energy system; fully-fledged market structure; market studies; wind power; Economics; Production; Real time systems; Regulators; Stochastic processes; Wind forecasting; Wind power generation; Distributed resources (DRs); independent system operator (ISO); market operator; market studies; regulator; tools for market studies; wind power;
Journal_Title :
Power Delivery, IEEE Transactions on
DOI :
10.1109/TPWRD.2011.2116044