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Title: Hierarchical Architecture for Transactive Wholesale-Retail Market Integration

Abstract

Transactive control strategies for managing real-time energy consumption have been under study for a number of years. This work investigates a hierarchical control framework for such a system. This framework consist of two control layers to aggregate and reflect the flexibility of demand assets in the wholesale markets. Computation at each layer and communication across layers is designed to be minimal. The minimization of data exchange is done through demand curve approximation. To manage these two approximations, two intermediate layer dispatch strategies are compared: price-priority and quantity-priority. The price-priority dispatch results in significant differences between the wholesale cleared load and the actual retail load while the quantity-priority dispatch manages load much better at the cost of introducing uncertainty into the business cases of the intermediate layers.

Authors:
ORCiD logo [1]; ORCiD logo [1]; ORCiD logo [1]
  1. BATTELLE (PACIFIC NW LAB)
Publication Date:
Research Org.:
Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
Sponsoring Org.:
USDOE
OSTI Identifier:
1603341
Report Number(s):
PNNL-SA-138624
DOE Contract Number:  
AC05-76RL01830
Resource Type:
Conference
Resource Relation:
Conference: Proceedings of the IEEE Power & Energy Society General Meeting (PESGM 2019), August 4-8, 2019, Atlanta, GA
Country of Publication:
United States
Language:
English

Citation Formats

Marinovici, Laurentiu D., Hardy, Trevor D., and Hansen, Jacob. Hierarchical Architecture for Transactive Wholesale-Retail Market Integration. United States: N. p., 2019. Web. doi:10.1109/PESGM40551.2019.8973587.
Marinovici, Laurentiu D., Hardy, Trevor D., & Hansen, Jacob. Hierarchical Architecture for Transactive Wholesale-Retail Market Integration. United States. doi:10.1109/PESGM40551.2019.8973587.
Marinovici, Laurentiu D., Hardy, Trevor D., and Hansen, Jacob. Mon . "Hierarchical Architecture for Transactive Wholesale-Retail Market Integration". United States. doi:10.1109/PESGM40551.2019.8973587.
@article{osti_1603341,
title = {Hierarchical Architecture for Transactive Wholesale-Retail Market Integration},
author = {Marinovici, Laurentiu D. and Hardy, Trevor D. and Hansen, Jacob},
abstractNote = {Transactive control strategies for managing real-time energy consumption have been under study for a number of years. This work investigates a hierarchical control framework for such a system. This framework consist of two control layers to aggregate and reflect the flexibility of demand assets in the wholesale markets. Computation at each layer and communication across layers is designed to be minimal. The minimization of data exchange is done through demand curve approximation. To manage these two approximations, two intermediate layer dispatch strategies are compared: price-priority and quantity-priority. The price-priority dispatch results in significant differences between the wholesale cleared load and the actual retail load while the quantity-priority dispatch manages load much better at the cost of introducing uncertainty into the business cases of the intermediate layers.},
doi = {10.1109/PESGM40551.2019.8973587},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2019},
month = {9}
}

Conference:
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