Agent-based simulation of distribution systems with high penetration of photovoltaic generation
Chengrui Cai,
Pedram Jahangiri,
Auswin George Thomas,
Huan Zhao,
Dionysios C. Aliprantis and
Leigh Tesfatsion ()
ISU General Staff Papers from Iowa State University, Department of Economics
Abstract:
This paper discusses the development of an agent-based test bed permitting the integrated study of retail and wholesale power markets operating over realistically rendered transmission and distribution systems. A key issue to be addressed using this test bed is the dynamic effect of increased penetration of consumer-owned distributed energy resources, such as PV generation, particularly when coupled with increased price-sensitivity of demand as realized through demand response, demand dispatch, and/or price-sensitive demand bidding.
Date: 2011-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201101010800001027
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