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Journal article

Designing decentralized markets for distribution system flexibility

Abstract:

This paper introduces a decentralized market design, which allows a distribution system operator to manage local demand constraints by obtaining flexibility from competing aggregators, which must in-turn incentivize prosumers to provide this flexibility. The novel networked market structure accounts for distribution system operator-to-aggregator and aggregatorto- prosumer ICT infrastructure and contractual arrangements, which may limit which participants can negotiate transactions with one an...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Accepted Manuscript

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Publisher copy:
10.1109/TPWRS.2018.2886244

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Institution:
University of Oxford
Division:
MPLS Division
Department:
Engineering Science
ORCID:
0000-0003-2781-9588
Teytelboym, A More by this author
More by this author
Institution:
University of Oxford
Division:
MPLS Division
Department:
Engineering Science
Oxford college:
Christ Church; Christ Church
ORCID:
0000-0001-5378-1128
Publisher:
Institute of Electrical and Electronics Engineers Publisher's website
Journal:
IEEE Transactions on Power Systems Journal website
Volume:
34
Issue:
3
Publication date:
2018-12-11
Acceptance date:
2018-12-01
DOI:
ISSN:
0885-8950
Pubs id:
pubs:954832
URN:
uri:ead48480-ac30-4ad1-8dc9-8fd330a97ef2
UUID:
uuid:ead48480-ac30-4ad1-8dc9-8fd330a97ef2
Local pid:
pubs:954832

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