Integrating Energy Storage into the Smart Grid: A Prospect Theoretic Approach

In this paper, the interactions and energy exchange decisions of a number of geographically distributed storage units are studied under decision-making involving end-users. In particular, a noncooperative game is formulated between customer-owned storage units where each storage unit's owner can decide on whether to charge or discharge energy with a given probability so as to maximize a utility that reflects the tradeoff between the monetary transactions from charging/discharging and the penalty from power regulation. Unlike existing game-theoretic works which assume that players make their decisions rationally and objectively, we use the new framework of prospect theory (PT) to explicitly incorporate the users' subjective perceptions of their expected utilities. For the two-player game, we show the existence of a proper mixed Nash equilibrium for both the standard game-theoretic case and the case with PT considerations. Simulation results show that incorporating user behavior via PT reveals several important insights into load management as well as economics of energy storage usage. For instance, the results show that deviations from conventional game theory, as predicted by PT, can lead to undesirable grid loads and revenues thus requiring the power company to revisit its pricing schemes and the customers to reassess their energy storage usage choices.Comment: 5 pages, 4 figures, conferenc

New dispatching paradigm in power systems including EV charging stations and dispersed generation: A real test case

Electric Vehicles (EVs) are becoming one of the main answers to the decarbonization of the transport sector and Renewable Energy Sources (RES) to the decarbonization of the electricity production sector. Nevertheless, their impact on the electric grids cannot be neglected. New paradigms for the management of the grids where they are connected, which are typically distribution grids in Medium Voltage (MV) and Low Voltage (LV), are necessary. A reform of dispatching rules, including the management of distribution grids and the resources there connected, is in progress in Europe. In this paper, a new paradigm linked to the design of reform is proposed and then tested, in reference to a real distribution grid, operated by the main Italian Distribution System Operator (DSO), e-distribuzione. First, in reference to suitable future scenarios of spread of RES-based power plants and EVs charging stations (EVCS), using Power Flow (PF) models, a check of the operation of the distribution grid, in reference to the usual rules of management, is made. Second, a new dispatching model, involving DSO and the resources connected to its grids, is tested, using an Optimal Power Flow (OPF) algorithm. Results show that the new paradigm of dispatching can effectively be useful for preventing some operation problems of the distribution grids

Power quality and electromagnetic compatibility: special report, session 2

The scope of Session 2 (S2) has been defined as follows by the Session Advisory Group and the Technical Committee: Power Quality (PQ), with the more general concept of electromagnetic compatibility (EMC) and with some related safety problems in electricity distribution systems. Special focus is put on voltage continuity (supply reliability, problem of outages) and voltage quality (voltage level, flicker, unbalance, harmonics). This session will also look at electromagnetic compatibility (mains frequency to 150 kHz), electromagnetic interferences and electric and magnetic fields issues. Also addressed in this session are electrical safety and immunity concerns (lightning issues, step, touch and transferred voltages). The aim of this special report is to present a synthesis of the present concerns in PQ&EMC, based on all selected papers of session 2 and related papers from other sessions, (152 papers in total). The report is divided in the following 4 blocks: Block 1: Electric and Magnetic Fields, EMC, Earthing systems Block 2: Harmonics Block 3: Voltage Variation Block 4: Power Quality Monitoring Two Round Tables will be organised: - Power quality and EMC in the Future Grid (CIGRE/CIRED WG C4.24, RT 13) - Reliability Benchmarking - why we should do it? What should be done in future? (RT 15

European White Book on Real-Time Power Hardware in the Loop Testing : DERlab Report No. R- 005.0

The European White Book on Real-Time-Powerhardware-in-the-Loop testing is intended to serve as a reference document on the future of testing of electrical power equipment, with specifi c focus on the emerging hardware-in-the-loop activities and application thereof within testing facilities and procedures. It will provide an outlook of how this powerful tool can be utilised to support the development, testing and validation of specifi cally DER equipment. It aims to report on international experience gained thus far and provides case studies on developments and specifi c technical issues, such as the hardware/software interface. This white book compliments the already existing series of DERlab European white books, covering topics such as grid-inverters and grid-connected storag