Contract pricing evaluation of distributed generation : a game theory approach

ABSTRACT: The main objective of this research is the contract pricing calculation of distributed generation (DG) considering its interaction with the distribu­tion company. The proposed methodology consists in modeling the DGenergy trading using game theory concepts and bilevel programming. To valid...

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Detalles Bibliográficos
Autores: López Lezama, Jesús María, Contreras Sanz, Javier, Padilha Feltrin, Antonio
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2012
País:Colombia
Institución:Universidad de Antioquia
Repositorio:Repositorio UdeA
Idioma:inglés
OAI Identifier:oai:bibliotecadigital.udea.edu.co:10495/26470
Acceso en línea:http://hdl.handle.net/10495/26470
Access Level:acceso abierto
Palabra clave:Teoría de los juegos
Game theory
Programación binivel
Sistemas de distribución
Redes de distribución
Descripción
Sumario:ABSTRACT: The main objective of this research is the contract pricing calculation of distributed generation (DG) considering its interaction with the distribu­tion company. The proposed methodology consists in modeling the DGenergy trading using game theory concepts and bilevel programming. To validate the proposed methodology several tests are carried out with a 34 bus distribution system, changing the number and size of the DGunits. The contract prices calculated with this methodology represent an equilibrium between the profit maximization pursued by the DG owner and the minimization of payments procured by the distribution company. Consequently, it can be concluded that the proposed methodology provides efficient incentives for both agents, providing a solution in which the DGand the distribution company are mutually beneficial. Furthermore, the location of the DG units can also be considered in the model, so that not only the contract price but also the equilibrium location can be found.