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| DOI | 10.1016/j.enpol.2021.112335 |
| A local flexibility market mechanism with capacity limitation services | |
| Heinrich C.; Ziras C.; Jensen T.V.; Bindner H.W.; Kazempour J. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 156 |
| 英文摘要 | Local flexibility markets have a substantial potential to unlock the flexibility of distributed energy resources in the distribution level. Capacity limitation services have been perceived as one of the most appealing products to be traded in these markets. This work argues why classical market-clearing and pricing mechanisms such as pay-as-bid, uniform pricing and Vickrey-Clarke-Groves (VCG) are not compatible with a market that trades capacity limitations. As a solution, we propose a local flexibility market mechanism which is built upon an adapted VCG-based auction. The mechanism achieves a trade-off among various desirable economic properties, including budget-balancedness, incentive-compatibility and stability. The suitability of the proposed mechanism is illustrated using a case study which is based on a real medium voltage feeder, located on the Danish island of Bornholm. Results show that aggregators and the distribution system operator benefit from the trade of capacity limitation services. We eventually conclude by providing a set of policy recommendations for the real-life operation of such a market. © 2021 Elsevier Ltd |
| 关键词 | Auction designCapacity limitationCongestion managementDistributed energy resourcesDistribution networksLocal flexibility market |
| 英文关键词 | Budget control; Costs; Economic and social effects; Economics; Electric power distribution; Auction design; Capacity limitation; Congestions managements; Distributed Energy Resources; Distribution levels; Local flexibility; Local flexibility market; Market clearing mechanisms; Market mechanisms; Market pricing; Energy resources; auction; distribution system; energy market; energy resource; local economy; service quality |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205141 |
| 作者单位 | Center for Electric Power and Energy, Technical University of Denmark, Frederiksborgvej 399, Building 776, Roskilde, 4000, Denmark |
| 推荐引用方式 GB/T 7714 | Heinrich C.,Ziras C.,Jensen T.V.,et al. A local flexibility market mechanism with capacity limitation services[J],2021,156. |
| APA | Heinrich C.,Ziras C.,Jensen T.V.,Bindner H.W.,&Kazempour J..(2021).A local flexibility market mechanism with capacity limitation services.Energy Policy,156. |
| MLA | Heinrich C.,et al."A local flexibility market mechanism with capacity limitation services".Energy Policy 156(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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