Management of microgrids in market environment

N. D. Hatziargyriou, A. Dimeas, A. G. Tsikalakis, J. A. Pecas Lopes, G. Kariniotakis, J. Oyarzabal

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

144 Citations (Scopus)

Abstract

Restructuring of power markets has helped in the penetration of Distributed Generation (DG) in the electricity networks. Microgrids are Low Voltage distribution networks comprising various distributed generators (DG), storage devices and controllable loads that can operate interconnected or isolated from the main distribution grid, as a controlled entity. This paper describes the main functions of the Microgrid Central Controller required for the optimization of Microgrid operation its interconnected operation. This is achieved by maximizing its value, i.e. optimizing production of the local DGs and power exchanges with the main distribution grid.

Original languageEnglish
Title of host publication2005 International Conference on Future Power Systems
PublisherIEEE Computer Society
ISBN (Print)9078205024, 9789078205029
DOIs
Publication statusPublished - 2005
Event2005 International Conference on Future Power Systems - Amsterdam, Netherlands
Duration: 16 Nov 200518 Nov 2005

Publication series

Name2005 International Conference on Future Power Systems
Volume2005

Conference

Conference2005 International Conference on Future Power Systems
Country/TerritoryNetherlands
CityAmsterdam
Period16/11/0518/11/05

Keywords

  • Demand side bidding
  • Distributed generation
  • Forecasting
  • Markets
  • Microgrids
  • Security

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