Contract pricing evaluation of distributed generation: a game theory approach
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| Format: | Artículo científico |
| Sprache: | en |
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Universidad del Norte
2012
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| _version_ | 1876469805853179904 |
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| author | Jesús María López Lezama |
| author_facet | Jesús María López Lezama |
| contents | Contract pricing evaluation of distributed generation: a game theory approach Jesús María López Lezama Javier Contreras Antonio Padilha Feltrin Ingeniería game theory bilevel programming Distributed generation 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 DG energy 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 DG units. 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 DG and 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. 2012 artículo científico 0122-3461 https://www.redalyc.org/articulo.oa?id=85224945004 en http://www.redalyc.org/revista.oa?id=852 Ingeniería y Desarrollo application/pdf Universidad del Norte Ingeniería y Desarrollo (Colombia) Num.2 Vol.30 |
| format | Artículo científico |
| id | redalyc_85224945004 |
| institution | Redalyc |
| language | en |
| publishDate | 2012 |
| publisher | Universidad del Norte |
| spellingShingle | Contract pricing evaluation of distributed generation: a game theory approach Jesús María López Lezama Ingeniería game theory bilevel programming Distributed generation Contract pricing evaluation of distributed generation: a game theory approach Jesús María López Lezama Javier Contreras Antonio Padilha Feltrin Ingeniería game theory bilevel programming Distributed generation 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 DG energy 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 DG units. 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 DG and 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. 2012 artículo científico 0122-3461 https://www.redalyc.org/articulo.oa?id=85224945004 en http://www.redalyc.org/revista.oa?id=852 Ingeniería y Desarrollo application/pdf Universidad del Norte Ingeniería y Desarrollo (Colombia) Num.2 Vol.30 |
| title | Contract pricing evaluation of distributed generation: a game theory approach |
| topic | Ingeniería game theory bilevel programming Distributed generation |
| url | https://www.redalyc.org/articulo.oa?id=85224945004 |