Revenue-based allocation of electricity network charges for future distribution networks

Simple item page
dc.contributor.authorCuenca, Juan J.
dc.contributor.authorJamil, Emad
dc.contributor.authorHayes, Barry P.
dc.contributor.funderDepartment of Business, Enterprise and Innovation, Irelanden
dc.date.accessioned2023-03-15T15:49:15Z
dc.date.available2023-03-15T15:49:15Z
dc.date.issued2022-05-20
dc.date.updated2023-03-15T15:39:13Z
dc.description.abstractThis paper investigates the economic implications that high penetrations of distributed energy resources (DER) have in future distribution networks, and proposes a novel scalable scheme for the assignment of use of network charges based on individual participant nodes' revenue. For validation purposes, a techno-economic simulation is proposed to understand how power and revenue flows will change. A year-long high-resolution quasi-static time series (QSTS) simulation, two price schemes, four trading environments, and four DER allocation methods from the literature are used to study economic benefits for individual participants and the supplier. Testing is performed using the IEEE 33-bus and 123-bus networks, and an Irish urban medium voltage feeder. Revenue flow is presented as an indicator of which participant nodes are profiting more from grid usage, and therefore should be responsible for greater network charges, this is validated against traditional and alternative schemes. Important reductions in use of network charges are seen especially by participant nodes with a higher PV generation-to-load and self-consumption rates. The proposed method is only relevant when dynamic tariffs are in place and/or local trading is enabled. Ultimately, results suggest that the income from network charges received by the supplier is increased when dynamic tariffs are used.en
dc.description.sponsorshipDepartment of Business, Enterprise and Innovation, Ireland (Government of Ireland’s Project 2040 Plan CENTS Project, under Contract DT 2018 0040-D)en
dc.description.statusPeer revieweden
dc.description.versionPublished Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationCuenca, J. J., Jamil, E. and Hayes, B. P. (2022) 'Revenue-based allocation of electricity network charges for future distribution networks', IEEE Transactions on Power Systems, 38(2), pp. 1728-1738. doi: 10.1109/TPWRS.2022.3176186en
dc.identifier.doi10.1109/TPWRS.2022.3176186en
dc.identifier.eissn1558-0679
dc.identifier.endpage1738en
dc.identifier.issn0885-8950
dc.identifier.issued2en
dc.identifier.journaltitleIEEE Transactions on Power Systemsen
dc.identifier.startpage1728en
dc.identifier.urihttps://hdl.handle.net/10468/14313
dc.identifier.volume38en
dc.language.isoenen
dc.publisherInstitute of Electrical and Electronics Engineers (IEEE)en
dc.rights© 2022, the Authors. This work is licensed under a Creative Commons Attribution 4.0 License. For more information, see https://creativecommons.org/licenses/by/4.0en
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/en
dc.subjectAllocation of network chargesen
dc.subjectCostsen
dc.subjectDistributed energy resourcesen
dc.subjectDistribution network planningen
dc.subjectDistribution networksen
dc.subjectEuropeen
dc.subjectLoad flowen
dc.subjectLoad modelingen
dc.subjectResource managementen
dc.subjectTariffsen
dc.subjectLocal electricity marketsen
dc.subjectResource allocationen
dc.titleRevenue-based allocation of electricity network charges for future distribution networksen
dc.typeArticle (peer-reviewed)en
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Revenue-Based_Allocation_of_Electricity_Network_Charges_for_Future_Distribution_Networks.pdf
Size:
4.65 MB
Format:
Adobe Portable Document Format
Description:
Published Version
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
2.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Electrical and Electronic Engineering - Journal Articles