Passivity-Based Stability Analysis Of Dynamic Electricity Pricing With Power Flow
Abstract
This paper deals with passivity-based stability analysis of dynamic electricity pricing considering power flow. In the near future electricity market, power consumers and generators will participate in electricity market trading as market players. For such a market trading system, the dynamic pricing procedure is required to consider the intermittent participation of power consumers and generators. Then, this paper discusses the stability of the electricity market trading system including power flow using passivity analysis. This paper also shows that the optimal power demand, supply and electricity prices are asymptotically stable and these values are derived in a distributed manner through market trading.
Publication Date
1-18-2018
Publication Title
2017 IEEE 56th Annual Conference on Decision and Control, CDC 2017
Volume
2018-January
Number of Pages
813-818
Document Type
Article; Proceedings Paper
Personal Identifier
scopus
DOI Link
https://doi.org/10.1109/CDC.2017.8263760
Copyright Status
Unknown
Socpus ID
85046139330 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/85046139330
STARS Citation
Okawa, Yoshihiro; Namerikawa, Toru; and Qu, Zhihua, "Passivity-Based Stability Analysis Of Dynamic Electricity Pricing With Power Flow" (2018). Scopus Export 2015-2019. 10567.
https://stars.library.ucf.edu/scopus2015/10567