Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany
This paper considers the nodal pricing comparison between using the direct current optimal power flow (DCOPF) and the alternative current optimal power flow (ACOPF) models. Two case studies for Iceland and Germany are conducted to illustrate the pricing differences for various load and network conge...
Published in: | 2022 IEEE Sustainable Power and Energy Conference (iSPEC) |
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Institute of Electrical and Electronics Engineers Inc.
2022
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ftuniaarhuspubl:oai:pure.atira.dk:publications/40ae5ab4-0de8-487b-b5f5-849ee3af7b03 2023-11-05T03:42:46+01:00 Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany Guo, Peiyao Peric, Vedran S. Yuan, Zhao Pashajavid, Ehsan Kim, Dowon Rajakaruna, Sumedha Abu-Siada, Ahmed 2022 https://pure.au.dk/portal/da/publications/nodal-pricing-comparison-between-dcopf-and-acopf(40ae5ab4-0de8-487b-b5f5-849ee3af7b03).html https://doi.org/10.1109/iSPEC54162.2022.10032996 http://www.scopus.com/inward/record.url?scp=85148607941&partnerID=8YFLogxK eng eng Institute of Electrical and Electronics Engineers Inc. info:eu-repo/semantics/restrictedAccess Guo , P , Peric , V S & Yuan , Z 2022 , Nodal Pricing Comparison between DCOPF and ACOPF : Case Studies for the Power Systems in Iceland and Germany . in E Pashajavid , D Kim , S Rajakaruna & A Abu-Siada (eds) , Proceedings - 2022 IEEE Sustainable Power and Energy Conference, iSPEC 2022 . Institute of Electrical and Electronics Engineers Inc. , Proceedings - 2022 IEEE Sustainable Power and Energy Conference, iSPEC 2022 , 4th IEEE Sustainable Power and Energy Conference, iSPEC 2022 , Virtual, Online , Australia , 04/12/2022 . https://doi.org/10.1109/iSPEC54162.2022.10032996 electricity market Germany Iceland nodal pricing power flow contributionToPeriodical 2022 ftuniaarhuspubl https://doi.org/10.1109/iSPEC54162.2022.10032996 2023-10-11T22:59:16Z This paper considers the nodal pricing comparison between using the direct current optimal power flow (DCOPF) and the alternative current optimal power flow (ACOPF) models. Two case studies for Iceland and Germany are conducted to illustrate the pricing differences for various load and network congestion scenarios. We also demonstrate the statistical probability distributions of the nodal prices using DCOPF and ACOPF under the considered scenarios. For the case study in Iceland, we use a representative transmission network with 108 nodes, 31 generators and 123 transmission lines. For the case study in Germany, there are 231 nodes, 82 generators and 304 transmission lines. The numerical results show that there can be significant nodal price differences between DCOPF and ACOPF when the power loads are heavy or the power networks are congested. The statistical probability distribution of the nodal prices also show prominent differences for both Iceland and Germany when the power networks are heavily congested. Article in Journal/Newspaper Iceland Aarhus University: Research 2022 IEEE Sustainable Power and Energy Conference (iSPEC) 1 5 |
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Open Polar |
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Aarhus University: Research |
op_collection_id |
ftuniaarhuspubl |
language |
English |
topic |
electricity market Germany Iceland nodal pricing power flow |
spellingShingle |
electricity market Germany Iceland nodal pricing power flow Guo, Peiyao Peric, Vedran S. Yuan, Zhao Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany |
topic_facet |
electricity market Germany Iceland nodal pricing power flow |
description |
This paper considers the nodal pricing comparison between using the direct current optimal power flow (DCOPF) and the alternative current optimal power flow (ACOPF) models. Two case studies for Iceland and Germany are conducted to illustrate the pricing differences for various load and network congestion scenarios. We also demonstrate the statistical probability distributions of the nodal prices using DCOPF and ACOPF under the considered scenarios. For the case study in Iceland, we use a representative transmission network with 108 nodes, 31 generators and 123 transmission lines. For the case study in Germany, there are 231 nodes, 82 generators and 304 transmission lines. The numerical results show that there can be significant nodal price differences between DCOPF and ACOPF when the power loads are heavy or the power networks are congested. The statistical probability distribution of the nodal prices also show prominent differences for both Iceland and Germany when the power networks are heavily congested. |
author2 |
Pashajavid, Ehsan Kim, Dowon Rajakaruna, Sumedha Abu-Siada, Ahmed |
format |
Article in Journal/Newspaper |
author |
Guo, Peiyao Peric, Vedran S. Yuan, Zhao |
author_facet |
Guo, Peiyao Peric, Vedran S. Yuan, Zhao |
author_sort |
Guo, Peiyao |
title |
Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany |
title_short |
Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany |
title_full |
Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany |
title_fullStr |
Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany |
title_full_unstemmed |
Nodal Pricing Comparison between DCOPF and ACOPF:Case Studies for the Power Systems in Iceland and Germany |
title_sort |
nodal pricing comparison between dcopf and acopf:case studies for the power systems in iceland and germany |
publisher |
Institute of Electrical and Electronics Engineers Inc. |
publishDate |
2022 |
url |
https://pure.au.dk/portal/da/publications/nodal-pricing-comparison-between-dcopf-and-acopf(40ae5ab4-0de8-487b-b5f5-849ee3af7b03).html https://doi.org/10.1109/iSPEC54162.2022.10032996 http://www.scopus.com/inward/record.url?scp=85148607941&partnerID=8YFLogxK |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Guo , P , Peric , V S & Yuan , Z 2022 , Nodal Pricing Comparison between DCOPF and ACOPF : Case Studies for the Power Systems in Iceland and Germany . in E Pashajavid , D Kim , S Rajakaruna & A Abu-Siada (eds) , Proceedings - 2022 IEEE Sustainable Power and Energy Conference, iSPEC 2022 . Institute of Electrical and Electronics Engineers Inc. , Proceedings - 2022 IEEE Sustainable Power and Energy Conference, iSPEC 2022 , 4th IEEE Sustainable Power and Energy Conference, iSPEC 2022 , Virtual, Online , Australia , 04/12/2022 . https://doi.org/10.1109/iSPEC54162.2022.10032996 |
op_rights |
info:eu-repo/semantics/restrictedAccess |
op_doi |
https://doi.org/10.1109/iSPEC54162.2022.10032996 |
container_title |
2022 IEEE Sustainable Power and Energy Conference (iSPEC) |
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