Volume 4: Innovative Solutions for Energy Transitions: Part III

Optimal Operation of Distributed Energy Resources From Multi-Investors in a Distribution Network Wenliang Liu, Shuai Hu*, Yue Xiang, Junyong Liu, Shafqat Jawad

Abstract

Increasing penetration rate of renewable energy in distribution network (DN) require effective measure for self-balancing. Considers the profit of multi-investors with distributed energy resources (DERs) in a district DN, this paper proposed an incentive-based optimal operation method. This is a win-win situation for both the utility grid and the investors of DERs. On the one hand, the demand fluctuation and reverse power flow is reduced to delay the investment of gird expansion; the other part is the multi-investors can benefit from the coordinated response process. The case study demonstrates the effectiveness of the proposed approach.

Keywords distribution network, distributed energy resources, multi-investors, renewable energy consumption, incentive-based