Title :
Closure to Discussion on “Distribution Locational Marginal Pricing for Optimal Electric Vehicle Charging Management”
Author :
Ruoyang Li ; Qiuwei Wu ; Oren, Shmuel S.
Author_Institution :
Dept. of Ind. Eng., Univ. of California at Berkeley, Berkeley, CA, USA
Abstract :
AC optimal power flow (ACOPF) is typically used for operational dispatch decisions. However, DC optimal power flow (DCOPF) based on linearization of the ACOPF is widely used for locational marginal price (LMP) calculation in market operation and settlements due to its efficiency and reasonable accuracy. The DCOPF is considered to be sufficient in many cases. Especially for calculating LMPs of distribution systems, the DCOPF is a good option considering the large number of nodes in distribution systems. In industry, DCOPF has been employed by several software tools for chronological LMP simulation and forecasting.
Keywords :
charge measurement; electric vehicles; load flow; power distribution economics; power markets; pricing; AC optimal power flow; ACOPF linearization; DC optimal power flow; DCOPF; chronological LMP forecasting; chronological LMP simulation; distribution locational marginal pricing; distribution systems; market operation; market settlements; operational dispatch decisions; optimal electric vehicle charging management; software tools; Accuracy; Educational institutions; Electric vehicles; Industries; Predictive models; Pricing; Software tools;
Journal_Title :
Power Systems, IEEE Transactions on
DOI :
10.1109/TPWRS.2014.2325431
