Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/74699
Title: Designing market mechanism for low voltage distribution systems
Authors: Goh, Sian Ming
Keywords: DRNTU::Engineering
Issue Date: 2018
Abstract: This project aims to design a low voltage distribution market operator which will be responsible for the two-way power flow from the transmission network to the distribution network. This is needed to increase the visibility and load certainty of the distribution network. The focus of this project will mainly be in the demand-side bidding for distribution systems. A power deviation penalty was imposed on microgrids which deviate from the awarded power by the distribution operator to discourage microgrids from deviating from the awarded power which can lead to system fluctuations. Awarded power can be interpreted as the power assigned by the distribution operator initially. A simulation was conducted on IBM ILOG CPLEX Optimization Studio, with a distribution market operator facilitating the demand flow to the 5 microgrids. The results have shown that to prevent the microgrids from deviating from the awarded power by the distribution operator, the key lies in varying the power deviation penalty cost.
URI: http://hdl.handle.net/10356/74699
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:EEE Student Reports (FYP/IA/PA/PI)

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