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Energy trading system of distributed resources

Authors: Jihyun Lee; Youngmee Shin; Il-Woo Lee;

Energy trading system of distributed resources

Abstract

Distributed Energy Resource (DER) is a small-scale power generator which can be distributed in near power consumption areas. A high ratio of DERs increases management complexity and also decreases supply stability of electric power. However, if DERs are suitably used, they can improve reliability shown in conventional electric power generation. Moreover, they can also eliminate the size and number of power lines that must be constructed. Since the existing electric power system of Korea is highly centralized, it needs the decentralization strategies by allowing DERs to participate in the existing power trading market. In this context, Korea government is on the stage of deciding national electricity laws about trading DERs. Of course, various operational strategies should be defined together. In this paper, we suggest the brokerage trading system of the aggregated DERs, which makes DERs to join in the existing electric power system. Since May 2016, we are in the progress of research and develop the aggregator system for trading DERs in form of the wholesale.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
3
Average
Top 10%
Average
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