Computation of loss factors for locational marginal prices in distribution systems

Nicholas M. Steffan; Gerald T. Heydt

doi:10.1109/PESGM.2015.7285607

Computation of loss factors for locational marginal prices in distribution systems

Nicholas M. Steffan
, Gerald T. Heydt

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

6 Scopus citations

Abstract

This paper presents alternatives for the calculation of locational marginal prices in electric power distribution systems. Although a distribution class locational marginal price (DLMP) is at the conceptual stage, the use of a DLMP has recognized potential for circuit loading strategies and energy and power flow control. The use of quadratic programming with the application of loss factors for the calculation of the DLMP is proposed and illustrated. A comparison of alternative techniques is presented and reviewed. The indicated DLMP calculation is a constrained, nonlinear optimization.

Original language	English (US)
Title of host publication	2015 IEEE Power and Energy Society General Meeting, PESGM 2015
Publisher	IEEE Computer Society
ISBN (Electronic)	9781467380409
DOIs	https://doi.org/10.1109/PESGM.2015.7285607
State	Published - Sep 30 2015
Event	IEEE Power and Energy Society General Meeting, PESGM 2015 - Denver, United States Duration: Jul 26 2015 → Jul 30 2015

Publication series

Name	IEEE Power and Energy Society General Meeting
Volume	2015-September
ISSN (Print)	1944-9925
ISSN (Electronic)	1944-9933

Other

Other	IEEE Power and Energy Society General Meeting, PESGM 2015
Country/Territory	United States
City	Denver
Period	7/26/15 → 7/30/15

Keywords

DLMP
electric power marketing
linear programming
locational marginal prices
optimal power flow studies
power system distribution analysis
quadratic programming

ASJC Scopus subject areas

Energy Engineering and Power Technology
Nuclear Energy and Engineering
Renewable Energy, Sustainability and the Environment
Electrical and Electronic Engineering

Access to Document

10.1109/PESGM.2015.7285607

Cite this

Computation of loss factors for locational marginal prices in distribution systems. / Steffan, Nicholas M.; Heydt, Gerald T.
2015 IEEE Power and Energy Society General Meeting, PESGM 2015. IEEE Computer Society, 2015. 7285607 (IEEE Power and Energy Society General Meeting; Vol. 2015-September).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Steffan, NM & Heydt, GT 2015, Computation of loss factors for locational marginal prices in distribution systems. in 2015 IEEE Power and Energy Society General Meeting, PESGM 2015., 7285607, IEEE Power and Energy Society General Meeting, vol. 2015-September, IEEE Computer Society, IEEE Power and Energy Society General Meeting, PESGM 2015, Denver, United States, 7/26/15. https://doi.org/10.1109/PESGM.2015.7285607

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abstract = "This paper presents alternatives for the calculation of locational marginal prices in electric power distribution systems. Although a distribution class locational marginal price (DLMP) is at the conceptual stage, the use of a DLMP has recognized potential for circuit loading strategies and energy and power flow control. The use of quadratic programming with the application of loss factors for the calculation of the DLMP is proposed and illustrated. A comparison of alternative techniques is presented and reviewed. The indicated DLMP calculation is a constrained, nonlinear optimization.",

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AB - This paper presents alternatives for the calculation of locational marginal prices in electric power distribution systems. Although a distribution class locational marginal price (DLMP) is at the conceptual stage, the use of a DLMP has recognized potential for circuit loading strategies and energy and power flow control. The use of quadratic programming with the application of loss factors for the calculation of the DLMP is proposed and illustrated. A comparison of alternative techniques is presented and reviewed. The indicated DLMP calculation is a constrained, nonlinear optimization.

KW - DLMP

KW - electric power marketing

KW - linear programming

KW - locational marginal prices

KW - optimal power flow studies

KW - power system distribution analysis

KW - quadratic programming

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M3 - Conference contribution

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PB - IEEE Computer Society

T2 - IEEE Power and Energy Society General Meeting, PESGM 2015

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ER -

Computation of loss factors for locational marginal prices in distribution systems

Abstract

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Keywords

ASJC Scopus subject areas

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