A Transactive Approach for Service Restoration Utilizing Customer Load Flexibility and Grid-Edge Resources
Conference
·
OSTI ID:2429698
This paper develops a transactive energy system model to restore electricity to customers in an isolated distribution system after an outage. The model engages a variety of customer types -- prosumers, flexible loads, critical/noncritical customers, and distributed generators -- as active participants in the restoration process. Unlike many existing transactive approaches, the proposed model is developed for service restoration and accounts for various customer types and their autonomy and privacy through an iterative approach to determine the optimal market price, while maintaining system-level power flow and voltage constraints. The advantages of the proposed approach are numerically validated on a modified IEEE 123-bus test system.
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Electricity (OE)
- DOE Contract Number:
- AC36-08GO28308;
- OSTI ID:
- 2429698
- Report Number(s):
- NREL/PO-5D00-90292; MainId:92070; UUID:8efdc707-8079-45ac-aa8e-cf9f372d2220; MainAdminId:73359
- Conference Information:
- Presented at the 2024 IEEE Power & Energy Society General Meeting, 21-25 July 2024, Seattle, Washington
- Country of Publication:
- United States
- Language:
- English
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